Vantage Equities Balance Sheet Health
Financial Health criteria checks 6/6
Vantage Equities has a total shareholder equity of ₱11.7B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱12.0B and ₱281.9M respectively. Vantage Equities's EBIT is ₱738.6M making its interest coverage ratio 408.4. It has cash and short-term investments of ₱11.3B.
Key information
0%
Debt to equity ratio
₱0
Debt
Interest coverage ratio | 408.4x |
Cash | ₱11.26b |
Equity | ₱11.70b |
Total liabilities | ₱281.87m |
Total assets | ₱11.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V's short term assets (₱11.8B) exceed its short term liabilities (₱245.7M).
Long Term Liabilities: V's short term assets (₱11.8B) exceed its long term liabilities (₱36.2M).
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.