DoubleDragon Balance Sheet Health
Financial Health criteria checks 2/6
DoubleDragon has a total shareholder equity of ₱94.6B and total debt of ₱63.3B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are ₱181.2B and ₱86.7B respectively. DoubleDragon's EBIT is ₱3.6B making its interest coverage ratio 1.7. It has cash and short-term investments of ₱2.9B.
Key information
66.9%
Debt to equity ratio
₱63.26b
Debt
Interest coverage ratio | 1.7x |
Cash | ₱2.92b |
Equity | ₱94.57b |
Total liabilities | ₱86.67b |
Total assets | ₱181.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DD's short term assets (₱28.0B) exceed its short term liabilities (₱25.5B).
Long Term Liabilities: DD's short term assets (₱28.0B) do not cover its long term liabilities (₱61.2B).
Debt to Equity History and Analysis
Debt Level: DD's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: DD's debt to equity ratio has reduced from 107.6% to 66.9% over the past 5 years.
Debt Coverage: DD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DD's interest payments on its debt are not well covered by EBIT (1.7x coverage).