PetroEnergy Resources Balance Sheet Health
Financial Health criteria checks 5/6
PetroEnergy Resources has a total shareholder equity of ₱13.9B and total debt of ₱8.0B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are ₱23.2B and ₱9.3B respectively. PetroEnergy Resources's EBIT is ₱1.3B making its interest coverage ratio 3.3. It has cash and short-term investments of ₱3.7B.
Key information
57.9%
Debt to equity ratio
₱8.04b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₱3.68b |
| Equity | ₱13.88b |
| Total liabilities | ₱9.35b |
| Total assets | ₱23.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PERC's short term assets (₱5.1B) exceed its short term liabilities (₱1.8B).
Long Term Liabilities: PERC's short term assets (₱5.1B) do not cover its long term liabilities (₱7.6B).
Debt to Equity History and Analysis
Debt Level: PERC's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: PERC's debt to equity ratio has reduced from 75.4% to 57.9% over the past 5 years.
Debt Coverage: PERC's debt is well covered by operating cash flow (47.2%).
Interest Coverage: PERC's interest payments on its debt are well covered by EBIT (3.3x coverage).