PhilWeb Balance Sheet Health
Financial Health criteria checks 4/6
PhilWeb has a total shareholder equity of ₱558.6M and total debt of ₱182.0M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are ₱1.2B and ₱656.1M respectively. PhilWeb's EBIT is ₱48.6M making its interest coverage ratio 1.1. It has cash and short-term investments of ₱63.9M.
Key information
32.6%
Debt to equity ratio
₱182.00m
Debt
Interest coverage ratio | 1.1x |
Cash | ₱63.91m |
Equity | ₱558.63m |
Total liabilities | ₱656.10m |
Total assets | ₱1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEB's short term assets (₱207.9M) do not cover its short term liabilities (₱455.9M).
Long Term Liabilities: WEB's short term assets (₱207.9M) exceed its long term liabilities (₱200.2M).
Debt to Equity History and Analysis
Debt Level: WEB's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: WEB's debt to equity ratio has reduced from 353.1% to 32.6% over the past 5 years.
Debt Coverage: WEB's debt is well covered by operating cash flow (79.7%).
Interest Coverage: WEB's interest payments on its debt are not well covered by EBIT (1.1x coverage).