Manila Broadcasting Balance Sheet Health
Financial Health criteria checks 5/6
Manila Broadcasting has a total shareholder equity of ₱1.7B and total debt of ₱492.2M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ₱2.9B and ₱1.2B respectively. Manila Broadcasting's EBIT is ₱137.8M making its interest coverage ratio 6.6. It has cash and short-term investments of ₱222.0M.
Key information
28.8%
Debt to equity ratio
₱492.16m
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₱222.00m |
| Equity | ₱1.71b |
| Total liabilities | ₱1.20b |
| Total assets | ₱2.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBC's short term assets (₱969.7M) exceed its short term liabilities (₱824.3M).
Long Term Liabilities: MBC's short term assets (₱969.7M) exceed its long term liabilities (₱379.2M).
Debt to Equity History and Analysis
Debt Level: MBC's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: MBC's debt to equity ratio has reduced from 31.7% to 28.8% over the past 5 years.
Debt Coverage: MBC's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: MBC's interest payments on its debt are well covered by EBIT (6.6x coverage).