Golden MV Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Golden MV Holdings has a total shareholder equity of ₱14.7B and total debt of ₱5.3B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are ₱29.1B and ₱14.5B respectively. Golden MV Holdings's EBIT is ₱1.8B making its interest coverage ratio 5.7. It has cash and short-term investments of ₱1.0B.
Key information
36.3%
Debt to equity ratio
₱5.33b
Debt
Interest coverage ratio | 5.7x |
Cash | ₱1.00b |
Equity | ₱14.67b |
Total liabilities | ₱14.46b |
Total assets | ₱29.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HVN's short term assets (₱25.8B) exceed its short term liabilities (₱7.5B).
Long Term Liabilities: HVN's short term assets (₱25.8B) exceed its long term liabilities (₱7.0B).
Debt to Equity History and Analysis
Debt Level: HVN's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: HVN's debt to equity ratio has increased from 31.9% to 36.3% over the past 5 years.
Debt Coverage: HVN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HVN's interest payments on its debt are well covered by EBIT (5.7x coverage).