DoubleDragon Balance Sheet Health
Financial Health criteria checks 2/6
DoubleDragon has a total shareholder equity of ₱94.9B and total debt of ₱73.3B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are ₱192.4B and ₱97.5B respectively. DoubleDragon's EBIT is ₱3.8B making its interest coverage ratio 1.8. It has cash and short-term investments of ₱5.4B.
Key information
77.3%
Debt to equity ratio
₱73.34b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₱5.37b |
| Equity | ₱94.90b |
| Total liabilities | ₱97.53b |
| Total assets | ₱192.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DDPR's short term assets (₱34.8B) exceed its short term liabilities (₱26.6B).
Long Term Liabilities: DDPR's short term assets (₱34.8B) do not cover its long term liabilities (₱70.9B).
Debt to Equity History and Analysis
Debt Level: DDPR's net debt to equity ratio (71.6%) is considered high.
Reducing Debt: DDPR's debt to equity ratio has reduced from 111.6% to 77.3% over the past 5 years.
Debt Coverage: DDPR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DDPR's interest payments on its debt are not well covered by EBIT (1.8x coverage).