GMA Network Balance Sheet Health
Financial Health criteria checks 5/6
GMA Network has a total shareholder equity of ₱15.1B and total debt of ₱1.0B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ₱26.0B and ₱10.9B respectively. GMA Network's EBIT is ₱3.5B making its interest coverage ratio 28.9. It has cash and short-term investments of ₱1.9B.
Key information
6.8%
Debt to equity ratio
₱1.03b
Debt
Interest coverage ratio | 28.9x |
Cash | ₱1.94b |
Equity | ₱15.14b |
Total liabilities | ₱10.90b |
Total assets | ₱26.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMA7's short term assets (₱12.2B) exceed its short term liabilities (₱4.9B).
Long Term Liabilities: GMA7's short term assets (₱12.2B) exceed its long term liabilities (₱6.0B).
Debt to Equity History and Analysis
Debt Level: GMA7 has more cash than its total debt.
Reducing Debt: GMA7's debt to equity ratio has increased from 6.2% to 6.8% over the past 5 years.
Debt Coverage: GMA7's debt is well covered by operating cash flow (430.8%).
Interest Coverage: GMA7's interest payments on its debt are well covered by EBIT (28.9x coverage).