Cityland Development Balance Sheet Health
Financial Health criteria checks 6/6
Cityland Development has a total shareholder equity of ₱11.6B and total debt of ₱1.2B, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are ₱13.9B and ₱2.3B respectively. Cityland Development's EBIT is ₱1.0B making its interest coverage ratio -4.6. It has cash and short-term investments of ₱1.8B.
Key information
10.7%
Debt to equity ratio
₱1.24b
Debt
Interest coverage ratio | -4.6x |
Cash | ₱1.82b |
Equity | ₱11.59b |
Total liabilities | ₱2.30b |
Total assets | ₱13.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDC's short term assets (₱8.7B) exceed its short term liabilities (₱1.7B).
Long Term Liabilities: CDC's short term assets (₱8.7B) exceed its long term liabilities (₱601.4M).
Debt to Equity History and Analysis
Debt Level: CDC has more cash than its total debt.
Reducing Debt: CDC's debt to equity ratio has reduced from 16.5% to 10.7% over the past 5 years.
Debt Coverage: CDC's debt is well covered by operating cash flow (39.7%).
Interest Coverage: CDC earns more interest than it pays, so coverage of interest payments is not a concern.