Araneta Properties Balance Sheet Health
Financial Health criteria checks 3/6
Araneta Properties has a total shareholder equity of ₱1.7B and total debt of ₱39.5M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₱2.0B and ₱250.3M respectively.
Key information
2.3%
Debt to equity ratio
₱39.53m
Debt
Interest coverage ratio | n/a |
Cash | ₱1.99m |
Equity | ₱1.72b |
Total liabilities | ₱250.34m |
Total assets | ₱1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARA's short term assets (₱1.1B) exceed its short term liabilities (₱209.4M).
Long Term Liabilities: ARA's short term assets (₱1.1B) exceed its long term liabilities (₱40.9M).
Debt to Equity History and Analysis
Debt Level: ARA's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: ARA's debt to equity ratio has increased from 0.8% to 2.3% over the past 5 years.
Debt Coverage: ARA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ARA's interest payments on its debt are well covered by EBIT.