Araneta Properties Balance Sheet Health
Financial Health criteria checks 5/6
Araneta Properties has a total shareholder equity of ₱1.9B and total debt of ₱38.9M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₱2.2B and ₱267.9M respectively. Araneta Properties's EBIT is ₱177.8M making its interest coverage ratio 102.3. It has cash and short-term investments of ₱158.1M.
Key information
2.1%
Debt to equity ratio
₱38.95m
Debt
| Interest coverage ratio | 102.3x |
| Cash | ₱158.10m |
| Equity | ₱1.89b |
| Total liabilities | ₱267.87m |
| Total assets | ₱2.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARA's short term assets (₱1.3B) exceed its short term liabilities (₱224.6M).
Long Term Liabilities: ARA's short term assets (₱1.3B) exceed its long term liabilities (₱43.3M).
Debt to Equity History and Analysis
Debt Level: ARA has more cash than its total debt.
Reducing Debt: ARA's debt to equity ratio has increased from 0.4% to 2.1% over the past 5 years.
Debt Coverage: ARA's debt is well covered by operating cash flow (391.1%).
Interest Coverage: ARA's interest payments on its debt are well covered by EBIT (102.3x coverage).