8990 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
8990 Holdings has a total shareholder equity of ₱54.8B and total debt of ₱41.8B, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are ₱111.0B and ₱56.2B respectively. 8990 Holdings's EBIT is ₱9.0B making its interest coverage ratio 28.3. It has cash and short-term investments of ₱1.4B.
Key information
76.2%
Debt to equity ratio
₱41.76b
Debt
Interest coverage ratio | 28.3x |
Cash | ₱1.36b |
Equity | ₱54.77b |
Total liabilities | ₱56.21b |
Total assets | ₱110.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8990B's short term assets (₱65.3B) exceed its short term liabilities (₱18.7B).
Long Term Liabilities: 8990B's short term assets (₱65.3B) exceed its long term liabilities (₱37.6B).
Debt to Equity History and Analysis
Debt Level: 8990B's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: 8990B's debt to equity ratio has reduced from 93.5% to 76.2% over the past 5 years.
Debt Coverage: 8990B's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8990B's interest payments on its debt are well covered by EBIT (28.3x coverage).