DoubleDragon Balance Sheet Health
Financial Health criteria checks 2/6
DoubleDragon has a total shareholder equity of ₱95.1B and total debt of ₱72.5B, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are ₱191.3B and ₱96.1B respectively. DoubleDragon's EBIT is ₱3.9B making its interest coverage ratio 1.7. It has cash and short-term investments of ₱7.3B.
Key information
76.2%
Debt to equity ratio
₱72.51b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₱7.27b |
| Equity | ₱95.15b |
| Total liabilities | ₱96.14b |
| Total assets | ₱191.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DDPR's short term assets (₱35.1B) exceed its short term liabilities (₱25.2B).
Long Term Liabilities: DDPR's short term assets (₱35.1B) do not cover its long term liabilities (₱70.9B).
Debt to Equity History and Analysis
Debt Level: DDPR's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: DDPR's debt to equity ratio has reduced from 107.6% to 76.2% 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 (1.7x coverage).