Jollibee Foods Balance Sheet Health
Financial Health criteria checks 4/6
Jollibee Foods has a total shareholder equity of ₱88.9B and total debt of ₱50.8B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are ₱240.8B and ₱151.9B respectively. Jollibee Foods's EBIT is ₱15.3B making its interest coverage ratio 3.4. It has cash and short-term investments of ₱37.6B.
Key information
57.1%
Debt to equity ratio
₱50.80b
Debt
Interest coverage ratio | 3.4x |
Cash | ₱37.64b |
Equity | ₱88.91b |
Total liabilities | ₱151.87b |
Total assets | ₱240.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JFCPB's short term assets (₱68.8B) exceed its short term liabilities (₱61.6B).
Long Term Liabilities: JFCPB's short term assets (₱68.8B) do not cover its long term liabilities (₱90.3B).
Debt to Equity History and Analysis
Debt Level: JFCPB's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: JFCPB's debt to equity ratio has increased from 49.8% to 57.1% over the past 5 years.
Debt Coverage: JFCPB's debt is well covered by operating cash flow (72.1%).
Interest Coverage: JFCPB's interest payments on its debt are well covered by EBIT (3.4x coverage).