Manila Broadcasting Balance Sheet Health
Financial Health criteria checks 6/6
Manila Broadcasting has a total shareholder equity of ₱1.6B and total debt of ₱496.0M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are ₱2.8B and ₱1.2B respectively. Manila Broadcasting's EBIT is ₱98.9M making its interest coverage ratio 3.8. It has cash and short-term investments of ₱227.1M.
Key information
30.1%
Debt to equity ratio
₱496.00m
Debt
Interest coverage ratio | 3.8x |
Cash | ₱227.15m |
Equity | ₱1.65b |
Total liabilities | ₱1.15b |
Total assets | ₱2.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBC's short term assets (₱857.9M) exceed its short term liabilities (₱777.9M).
Long Term Liabilities: MBC's short term assets (₱857.9M) exceed its long term liabilities (₱373.3M).
Debt to Equity History and Analysis
Debt Level: MBC's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: MBC's debt to equity ratio has reduced from 30.5% to 30.1% over the past 5 years.
Debt Coverage: MBC's debt is well covered by operating cash flow (26.2%).
Interest Coverage: MBC's interest payments on its debt are well covered by EBIT (3.8x coverage).