Global Ferronickel Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Global Ferronickel Holdings has a total shareholder equity of ₱12.3B and total debt of ₱347.3M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₱17.4B and ₱5.1B respectively. Global Ferronickel Holdings's EBIT is ₱2.8B making its interest coverage ratio 12.5. It has cash and short-term investments of ₱2.4B.
Key information
2.8%
Debt to equity ratio
₱347.29m
Debt
Interest coverage ratio | 12.5x |
Cash | ₱2.44b |
Equity | ₱12.28b |
Total liabilities | ₱5.13b |
Total assets | ₱17.41b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNI's short term assets (₱3.9B) exceed its short term liabilities (₱2.3B).
Long Term Liabilities: FNI's short term assets (₱3.9B) exceed its long term liabilities (₱2.8B).
Debt to Equity History and Analysis
Debt Level: FNI has more cash than its total debt.
Reducing Debt: FNI's debt to equity ratio has reduced from 12.3% to 2.8% over the past 5 years.
Debt Coverage: FNI's debt is well covered by operating cash flow (1007.2%).
Interest Coverage: FNI's interest payments on its debt are well covered by EBIT (12.5x coverage).