Petron Balance Sheet Health
Financial Health criteria checks 2/6
Petron has a total shareholder equity of ₱104.5B and total debt of ₱245.8B, which brings its debt-to-equity ratio to 235.2%. Its total assets and total liabilities are ₱458.6B and ₱354.0B respectively. Petron's EBIT is ₱31.5B making its interest coverage ratio 1.8. It has cash and short-term investments of ₱30.6B.
Key information
235.2%
Debt to equity ratio
₱245.82b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₱30.56b |
| Equity | ₱104.52b |
| Total liabilities | ₱354.05b |
| Total assets | ₱458.57b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCOR's short term assets (₱246.8B) exceed its short term liabilities (₱239.5B).
Long Term Liabilities: PCOR's short term assets (₱246.8B) exceed its long term liabilities (₱114.6B).
Debt to Equity History and Analysis
Debt Level: PCOR's net debt to equity ratio (205.9%) is considered high.
Reducing Debt: PCOR's debt to equity ratio has increased from 186.9% to 235.2% over the past 5 years.
Debt Coverage: PCOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PCOR's interest payments on its debt are not well covered by EBIT (1.8x coverage).