GMA Network Balance Sheet Health
Financial Health criteria checks 5/6
GMA Network has a total shareholder equity of ₱13.4B and total debt of ₱4.0B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are ₱27.3B and ₱13.8B respectively. GMA Network's EBIT is ₱2.7B making its interest coverage ratio 19.1. It has cash and short-term investments of ₱2.2B.
Key information
30.0%
Debt to equity ratio
₱4.02b
Debt
| Interest coverage ratio | 19.1x |
| Cash | ₱2.25b |
| Equity | ₱13.42b |
| Total liabilities | ₱13.85b |
| Total assets | ₱27.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMA7's short term assets (₱13.8B) exceed its short term liabilities (₱7.8B).
Long Term Liabilities: GMA7's short term assets (₱13.8B) exceed its long term liabilities (₱6.0B).
Debt to Equity History and Analysis
Debt Level: GMA7's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: GMA7's debt to equity ratio has increased from 12.7% to 30% over the past 5 years.
Debt Coverage: GMA7's debt is well covered by operating cash flow (35.4%).
Interest Coverage: GMA7's interest payments on its debt are well covered by EBIT (19.1x coverage).