P-H-O-E-N-I-X Petroleum Philippines Balance Sheet Health
Financial Health criteria checks 2/6
P-H-O-E-N-I-X Petroleum Philippines has a total shareholder equity of ₱10.4B and total debt of ₱48.3B, which brings its debt-to-equity ratio to 466.3%. Its total assets and total liabilities are ₱82.7B and ₱72.3B respectively.
Key information
466.3%
Debt to equity ratio
₱48.31b
Debt
Interest coverage ratio | n/a |
Cash | ₱2.40b |
Equity | ₱10.36b |
Total liabilities | ₱72.31b |
Total assets | ₱82.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNX's short term assets (₱32.6B) do not cover its short term liabilities (₱48.6B).
Long Term Liabilities: PNX's short term assets (₱32.6B) exceed its long term liabilities (₱23.7B).
Debt to Equity History and Analysis
Debt Level: PNX's net debt to equity ratio (443.1%) is considered high.
Reducing Debt: PNX's debt to equity ratio has increased from 231.8% to 466.3% over the past 5 years.
Debt Coverage: PNX's debt is well covered by operating cash flow (38.9%).
Interest Coverage: Insufficient data to determine if PNX's interest payments on its debt are well covered by EBIT.