Max's Group Balance Sheet Health
Financial Health criteria checks 2/6
Max's Group has a total shareholder equity of ₱5.4B and total debt of ₱4.3B, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are ₱14.2B and ₱8.8B respectively. Max's Group's EBIT is ₱888.2M making its interest coverage ratio 2.8. It has cash and short-term investments of ₱1.5B.
Key information
80.0%
Debt to equity ratio
₱4.28b
Debt
Interest coverage ratio | 2.8x |
Cash | ₱1.50b |
Equity | ₱5.35b |
Total liabilities | ₱8.85b |
Total assets | ₱14.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAXS's short term assets (₱3.7B) exceed its short term liabilities (₱3.7B).
Long Term Liabilities: MAXS's short term assets (₱3.7B) do not cover its long term liabilities (₱5.1B).
Debt to Equity History and Analysis
Debt Level: MAXS's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: MAXS's debt to equity ratio has increased from 69% to 80% over the past 5 years.
Debt Coverage: MAXS's debt is well covered by operating cash flow (28.2%).
Interest Coverage: MAXS's interest payments on its debt are not well covered by EBIT (2.8x coverage).