RFM Balance Sheet Health
Financial Health criteria checks 6/6
RFM has a total shareholder equity of ₱14.5B and total debt of ₱775.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₱22.9B and ₱8.4B respectively. RFM's EBIT is ₱1.6B making its interest coverage ratio -86.2. It has cash and short-term investments of ₱2.3B.
Key information
5.4%
Debt to equity ratio
₱775.00m
Debt
Interest coverage ratio | -86.2x |
Cash | ₱2.26b |
Equity | ₱14.46b |
Total liabilities | ₱8.43b |
Total assets | ₱22.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RFM's short term assets (₱8.0B) exceed its short term liabilities (₱7.6B).
Long Term Liabilities: RFM's short term assets (₱8.0B) exceed its long term liabilities (₱874.0M).
Debt to Equity History and Analysis
Debt Level: RFM has more cash than its total debt.
Reducing Debt: RFM's debt to equity ratio has reduced from 10% to 5.4% over the past 5 years.
Debt Coverage: RFM's debt is well covered by operating cash flow (395.1%).
Interest Coverage: RFM earns more interest than it pays, so coverage of interest payments is not a concern.