PhilWeb Balance Sheet Health
Financial Health criteria checks 4/6
PhilWeb has a total shareholder equity of ₱546.2M and total debt of ₱178.2M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are ₱1.2B and ₱661.0M respectively. PhilWeb's EBIT is ₱59.1M making its interest coverage ratio 1.3. It has cash and short-term investments of ₱60.3M.
Key information
32.6%
Debt to equity ratio
₱178.20m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₱60.26m |
| Equity | ₱546.24m |
| Total liabilities | ₱660.97m |
| Total assets | ₱1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEB's short term assets (₱206.0M) do not cover its short term liabilities (₱456.3M).
Long Term Liabilities: WEB's short term assets (₱206.0M) exceed its long term liabilities (₱204.7M).
Debt to Equity History and Analysis
Debt Level: WEB's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: WEB's debt to equity ratio has reduced from 62.2% to 32.6% over the past 5 years.
Debt Coverage: WEB's debt is well covered by operating cash flow (87.4%).
Interest Coverage: WEB's interest payments on its debt are not well covered by EBIT (1.3x coverage).