CTS Global Equity Group Balance Sheet Health
Financial Health criteria checks 6/6
CTS Global Equity Group has a total shareholder equity of ₱2.0B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱2.2B and ₱192.2M respectively. CTS Global Equity Group's EBIT is ₱9.0M making its interest coverage ratio 6.5. It has cash and short-term investments of ₱486.6M.
Key information
0%
Debt to equity ratio
₱0
Debt
Interest coverage ratio | 6.5x |
Cash | ₱486.55m |
Equity | ₱2.01b |
Total liabilities | ₱192.18m |
Total assets | ₱2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTS's short term assets (₱892.9M) exceed its short term liabilities (₱162.8M).
Long Term Liabilities: CTS's short term assets (₱892.9M) exceed its long term liabilities (₱29.4M).
Debt to Equity History and Analysis
Debt Level: CTS is debt free.
Reducing Debt: CTS had no debt 5 years ago.
Debt Coverage: CTS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CTS has no debt, therefore coverage of interest payments is not a concern.