Jollibee Foods Balance Sheet Health
Financial Health criteria checks 5/6
Jollibee Foods has a total shareholder equity of ₱95.7B and total debt of ₱54.6B, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are ₱254.6B and ₱158.9B respectively. Jollibee Foods's EBIT is ₱16.8B making its interest coverage ratio 3.5. It has cash and short-term investments of ₱34.2B.
Key information
57.0%
Debt to equity ratio
₱54.57b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₱34.19b |
| Equity | ₱95.74b |
| Total liabilities | ₱158.88b |
| Total assets | ₱254.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JFCPA's short term assets (₱66.8B) exceed its short term liabilities (₱63.3B).
Long Term Liabilities: JFCPA's short term assets (₱66.8B) do not cover its long term liabilities (₱95.6B).
Debt to Equity History and Analysis
Debt Level: JFCPA's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: JFCPA's debt to equity ratio has reduced from 84.7% to 57% over the past 5 years.
Debt Coverage: JFCPA's debt is well covered by operating cash flow (64.5%).
Interest Coverage: JFCPA's interest payments on its debt are well covered by EBIT (3.5x coverage).