Vantage Equities Balance Sheet Health
Financial Health criteria checks 6/6
Vantage Equities has a total shareholder equity of ₱12.4B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱12.6B and ₱273.8M respectively. Vantage Equities's EBIT is ₱1.1B making its interest coverage ratio 595.6. It has cash and short-term investments of ₱12.0B.
Key information
0%
Debt to equity ratio
₱0
Debt
| Interest coverage ratio | 595.6x |
| Cash | ₱12.03b |
| Equity | ₱12.38b |
| Total liabilities | ₱273.77m |
| Total assets | ₱12.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V's short term assets (₱12.5B) exceed its short term liabilities (₱237.0M).
Long Term Liabilities: V's short term assets (₱12.5B) exceed its long term liabilities (₱36.8M).
Debt to Equity History and Analysis
Debt Level: V is debt free.
Reducing Debt: V had no debt 5 years ago.
Debt Coverage: V has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: V has no debt, therefore coverage of interest payments is not a concern.