Petron Balance Sheet Health
Financial Health criteria checks 3/6
Petron has a total shareholder equity of ₱123.9B and total debt of ₱248.2B, which brings its debt-to-equity ratio to 200.3%. Its total assets and total liabilities are ₱471.6B and ₱347.7B respectively. Petron's EBIT is ₱25.4B making its interest coverage ratio 1.4. It has cash and short-term investments of ₱47.0B.
Key information
200.3%
Debt to equity ratio
₱248.20b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₱47.00b |
| Equity | ₱123.89b |
| Total liabilities | ₱347.74b |
| Total assets | ₱471.63b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRF3A's short term assets (₱255.9B) exceed its short term liabilities (₱220.3B).
Long Term Liabilities: PRF3A's short term assets (₱255.9B) exceed its long term liabilities (₱127.4B).
Debt to Equity History and Analysis
Debt Level: PRF3A's net debt to equity ratio (162.4%) is considered high.
Reducing Debt: PRF3A's debt to equity ratio has reduced from 206.8% to 200.3% over the past 5 years.
Debt Coverage: PRF3A's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: PRF3A's interest payments on its debt are not well covered by EBIT (1.4x coverage).