Crown Asia Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Crown Asia Chemicals has a total shareholder equity of ₱2.0B and total debt of ₱333.7K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ₱2.5B and ₱472.9M respectively. Crown Asia Chemicals's EBIT is ₱319.8M making its interest coverage ratio -41. It has cash and short-term investments of ₱433.8M.
Key information
0.02%
Debt to equity ratio
₱333.68k
Debt
Interest coverage ratio | -41x |
Cash | ₱433.76m |
Equity | ₱2.01b |
Total liabilities | ₱472.92m |
Total assets | ₱2.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CROWN's short term assets (₱1.6B) exceed its short term liabilities (₱304.8M).
Long Term Liabilities: CROWN's short term assets (₱1.6B) exceed its long term liabilities (₱168.1M).
Debt to Equity History and Analysis
Debt Level: CROWN has more cash than its total debt.
Reducing Debt: CROWN's debt to equity ratio has reduced from 3.1% to 0.02% over the past 5 years.
Debt Coverage: CROWN's debt is well covered by operating cash flow (85799.7%).
Interest Coverage: CROWN earns more interest than it pays, so coverage of interest payments is not a concern.