Premium Leisure Balance Sheet Health
Financial Health criteria checks 5/6
Premium Leisure has a total shareholder equity of ₱17.3B and total debt of ₱441.2M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₱18.8B and ₱1.5B respectively. Premium Leisure's EBIT is ₱1.7B making its interest coverage ratio -7.4. It has cash and short-term investments of ₱2.6B.
Key information
2.5%
Debt to equity ratio
₱441.18m
Debt
Interest coverage ratio | -7.4x |
Cash | ₱2.56b |
Equity | ₱17.32b |
Total liabilities | ₱1.45b |
Total assets | ₱18.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLC's short term assets (₱5.5B) exceed its short term liabilities (₱1.0B).
Long Term Liabilities: PLC's short term assets (₱5.5B) exceed its long term liabilities (₱432.1M).
Debt to Equity History and Analysis
Debt Level: PLC has more cash than its total debt.
Reducing Debt: PLC's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: PLC's debt is well covered by operating cash flow (589.7%).
Interest Coverage: PLC earns more interest than it pays, so coverage of interest payments is not a concern.