Victorias Milling Company Balance Sheet Health
Financial Health criteria checks 6/6
Victorias Milling Company has a total shareholder equity of ₱11.8B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱14.4B and ₱2.6B respectively. Victorias Milling Company's EBIT is ₱1.3B making its interest coverage ratio -13.3. It has cash and short-term investments of ₱2.4B.
Key information
0%
Debt to equity ratio
₱0
Debt
Interest coverage ratio | -13.3x |
Cash | ₱2.37b |
Equity | ₱11.83b |
Total liabilities | ₱2.57b |
Total assets | ₱14.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VMC's short term assets (₱6.0B) exceed its short term liabilities (₱1.8B).
Long Term Liabilities: VMC's short term assets (₱6.0B) exceed its long term liabilities (₱774.1M).
Debt to Equity History and Analysis
Debt Level: VMC is debt free.
Reducing Debt: VMC has no debt compared to 5 years ago when its debt to equity ratio was 15%.
Debt Coverage: VMC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VMC has no debt, therefore coverage of interest payments is not a concern.