Belle Balance Sheet Health
Financial Health criteria checks 6/6
Belle has a total shareholder equity of ₱43.7B and total debt of ₱5.8B, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are ₱60.1B and ₱16.4B respectively. Belle's EBIT is ₱2.5B making its interest coverage ratio 5.5. It has cash and short-term investments of ₱3.0B.
Key information
13.3%
Debt to equity ratio
₱5.80b
Debt
Interest coverage ratio | 5.5x |
Cash | ₱3.01b |
Equity | ₱43.74b |
Total liabilities | ₱16.35b |
Total assets | ₱60.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEL's short term assets (₱12.5B) exceed its short term liabilities (₱5.7B).
Long Term Liabilities: BEL's short term assets (₱12.5B) exceed its long term liabilities (₱10.7B).
Debt to Equity History and Analysis
Debt Level: BEL's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: BEL's debt to equity ratio has reduced from 24.1% to 13.3% over the past 5 years.
Debt Coverage: BEL's debt is well covered by operating cash flow (78.1%).
Interest Coverage: BEL's interest payments on its debt are well covered by EBIT (5.5x coverage).