Ginebra San Miguel Balance Sheet Health
Financial Health criteria checks 6/6
Ginebra San Miguel has a total shareholder equity of ₱19.6B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱30.1B and ₱10.5B respectively. Ginebra San Miguel's EBIT is ₱7.4B making its interest coverage ratio -11.6. It has cash and short-term investments of ₱13.4B.
Key information
0%
Debt to equity ratio
₱0
Debt
Interest coverage ratio | -11.6x |
Cash | ₱13.38b |
Equity | ₱19.59b |
Total liabilities | ₱10.52b |
Total assets | ₱30.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSMI's short term assets (₱22.7B) exceed its short term liabilities (₱9.6B).
Long Term Liabilities: GSMI's short term assets (₱22.7B) exceed its long term liabilities (₱908.7M).
Debt to Equity History and Analysis
Debt Level: GSMI is debt free.
Reducing Debt: GSMI has no debt compared to 5 years ago when its debt to equity ratio was 29.4%.
Debt Coverage: GSMI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GSMI has no debt, therefore coverage of interest payments is not a concern.