TKC Metals Balance Sheet Health
Financial Health criteria checks 2/6
TKC Metals has a total shareholder equity of ₱204.1M and total debt of ₱3.1B, which brings its debt-to-equity ratio to 1528.5%. Its total assets and total liabilities are ₱3.6B and ₱3.4B respectively.
Key information
1,528.5%
Debt to equity ratio
₱3.12b
Debt
Interest coverage ratio | n/a |
Cash | ₱1.65m |
Equity | ₱204.13m |
Total liabilities | ₱3.44b |
Total assets | ₱3.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T's short term assets (₱2.0B) do not cover its short term liabilities (₱3.4B).
Long Term Liabilities: T's short term assets (₱2.0B) exceed its long term liabilities (₱43.6M).
Debt to Equity History and Analysis
Debt Level: T's net debt to equity ratio (1527.7%) is considered high.
Reducing Debt: T had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: T's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if T's interest payments on its debt are well covered by EBIT.