Makati Finance Balance Sheet Health
Financial Health criteria checks 3/6
Makati Finance has a total shareholder equity of ₱571.1M and total debt of ₱510.9M, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are ₱1.2B and ₱584.8M respectively.
Key information
89.5%
Debt to equity ratio
₱510.87m
Debt
Interest coverage ratio | n/a |
Cash | ₱23.10m |
Equity | ₱571.08m |
Total liabilities | ₱584.81m |
Total assets | ₱1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFIN's short term assets (₱938.7M) exceed its short term liabilities (₱538.5M).
Long Term Liabilities: MFIN's short term assets (₱938.7M) exceed its long term liabilities (₱46.3M).
Debt to Equity History and Analysis
Debt Level: MFIN's net debt to equity ratio (85.4%) is considered high.
Reducing Debt: MFIN's debt to equity ratio has reduced from 91.3% to 89.5% over the past 5 years.
Debt Coverage: MFIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MFIN's interest payments on its debt are well covered by EBIT.