PetroEnergy Resources Balance Sheet Health
Financial Health criteria checks 5/6
PetroEnergy Resources has a total shareholder equity of ₱13.8B and total debt of ₱8.0B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are ₱22.9B and ₱9.2B respectively. PetroEnergy Resources's EBIT is ₱1.3B making its interest coverage ratio 4.2. It has cash and short-term investments of ₱4.1B.
Key information
57.9%
Debt to equity ratio
₱7.97b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₱4.07b |
| Equity | ₱13.77b |
| Total liabilities | ₱9.16b |
| Total assets | ₱22.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PERC's short term assets (₱5.4B) exceed its short term liabilities (₱1.9B).
Long Term Liabilities: PERC's short term assets (₱5.4B) do not cover its long term liabilities (₱7.2B).
Debt to Equity History and Analysis
Debt Level: PERC's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: PERC's debt to equity ratio has reduced from 79.6% to 57.9% over the past 5 years.
Debt Coverage: PERC's debt is well covered by operating cash flow (62.3%).
Interest Coverage: PERC's interest payments on its debt are well covered by EBIT (4.2x coverage).