National Reinsurance Corporation of the Philippines Balance Sheet Health
Financial Health criteria checks 5/6
National Reinsurance of the Philippines has a total shareholder equity of ₱6.8B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱21.1B and ₱14.2B respectively. National Reinsurance of the Philippines's EBIT is ₱971.9M making its interest coverage ratio -11998.6. It has cash and short-term investments of ₱1.2B.
Key information
0%
Debt to equity ratio
₱0
Debt
| Interest coverage ratio | -11998.6x |
| Cash | ₱1.23b |
| Equity | ₱6.83b |
| Total liabilities | ₱14.22b |
| Total assets | ₱21.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRCP's short term assets (₱10.1B) do not cover its short term liabilities (₱14.2B).
Long Term Liabilities: NRCP's short term assets (₱10.1B) exceed its long term liabilities (₱15.3M).
Debt to Equity History and Analysis
Debt Level: NRCP is debt free.
Reducing Debt: NRCP has not had any debt for past 5 years.
Debt Coverage: NRCP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NRCP has no debt, therefore coverage of interest payments is not a concern.