Petron Balance Sheet Health
Financial Health criteria checks 3/6
Petron has a total shareholder equity of ₱102.1B and total debt of ₱239.0B, which brings its debt-to-equity ratio to 234%. Its total assets and total liabilities are ₱446.7B and ₱344.6B respectively. Petron's EBIT is ₱31.9B making its interest coverage ratio 1.9. It has cash and short-term investments of ₱30.5B.
Key information
234.0%
Debt to equity ratio
₱238.97b
Debt
Interest coverage ratio | 1.9x |
Cash | ₱30.45b |
Equity | ₱102.14b |
Total liabilities | ₱344.60b |
Total assets | ₱446.74b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRF3A's short term assets (₱237.6B) exceed its short term liabilities (₱231.0B).
Long Term Liabilities: PRF3A's short term assets (₱237.6B) exceed its long term liabilities (₱113.6B).
Debt to Equity History and Analysis
Debt Level: PRF3A's net debt to equity ratio (204.2%) is considered high.
Reducing Debt: PRF3A's debt to equity ratio has reduced from 236.8% to 234% over the past 5 years.
Debt Coverage: PRF3A's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: PRF3A's interest payments on its debt are not well covered by EBIT (1.9x coverage).