PHINMA Balance Sheet Health
Financial Health criteria checks 2/6
PHINMA has a total shareholder equity of ₱10.7B and total debt of ₱22.7B, which brings its debt-to-equity ratio to 212.3%. Its total assets and total liabilities are ₱43.5B and ₱32.8B respectively. PHINMA's EBIT is ₱2.8B making its interest coverage ratio 3. It has cash and short-term investments of ₱3.3B.
Key information
212.3%
Debt to equity ratio
₱22.72b
Debt
Interest coverage ratio | 3x |
Cash | ₱3.28b |
Equity | ₱10.70b |
Total liabilities | ₱32.78b |
Total assets | ₱43.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHN's short term assets (₱20.5B) exceed its short term liabilities (₱18.1B).
Long Term Liabilities: PHN's short term assets (₱20.5B) exceed its long term liabilities (₱14.7B).
Debt to Equity History and Analysis
Debt Level: PHN's net debt to equity ratio (181.7%) is considered high.
Reducing Debt: PHN's debt to equity ratio has increased from 99.4% to 212.3% over the past 5 years.
Debt Coverage: PHN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PHN's interest payments on its debt are not well covered by EBIT (3x coverage).