Waterfront Philippines Balance Sheet Health
Financial Health criteria checks 0/6
Waterfront Philippines has a total shareholder equity of ₱9.9B and total debt of ₱8.2B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are ₱23.2B and ₱13.3B respectively. Waterfront Philippines's EBIT is ₱289.3M making its interest coverage ratio 2.7. It has cash and short-term investments of ₱438.9M.
Key information
82.8%
Debt to equity ratio
₱8.21b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₱438.88m |
| Equity | ₱9.92b |
| Total liabilities | ₱13.25b |
| Total assets | ₱23.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WPI's short term assets (₱5.2B) do not cover its short term liabilities (₱8.0B).
Long Term Liabilities: WPI's short term assets (₱5.2B) do not cover its long term liabilities (₱5.2B).
Debt to Equity History and Analysis
Debt Level: WPI's net debt to equity ratio (78.4%) is considered high.
Reducing Debt: WPI's debt to equity ratio has increased from 30.5% to 82.8% over the past 5 years.
Debt Coverage: WPI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WPI's interest payments on its debt are not well covered by EBIT (2.7x coverage).