Belle Balance Sheet Health
Financial Health criteria checks 5/6
Belle has a total shareholder equity of ₱40.0B and total debt of ₱10.3B, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are ₱60.4B and ₱20.4B respectively. Belle's EBIT is ₱2.4B making its interest coverage ratio 4.1. It has cash and short-term investments of ₱3.9B.
Key information
25.7%
Debt to equity ratio
₱10.29b
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₱3.91b |
| Equity | ₱40.02b |
| Total liabilities | ₱20.35b |
| Total assets | ₱60.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEL's short term assets (₱13.4B) exceed its short term liabilities (₱10.1B).
Long Term Liabilities: BEL's short term assets (₱13.4B) exceed its long term liabilities (₱10.2B).
Debt to Equity History and Analysis
Debt Level: BEL's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: BEL's debt to equity ratio has increased from 22.7% to 25.7% over the past 5 years.
Debt Coverage: BEL's debt is well covered by operating cash flow (40.9%).
Interest Coverage: BEL's interest payments on its debt are well covered by EBIT (4.1x coverage).