Empire East Land Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Empire East Land Holdings has a total shareholder equity of ₱31.6B and total debt of ₱7.0B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are ₱50.4B and ₱18.8B respectively. Empire East Land Holdings's EBIT is ₱807.1M making its interest coverage ratio -1.5. It has cash and short-term investments of ₱3.5B.
Key information
22.2%
Debt to equity ratio
₱6.99b
Debt
| Interest coverage ratio | -1.5x |
| Cash | ₱3.55b |
| Equity | ₱31.57b |
| Total liabilities | ₱18.79b |
| Total assets | ₱50.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELI's short term assets (₱44.4B) exceed its short term liabilities (₱15.7B).
Long Term Liabilities: ELI's short term assets (₱44.4B) exceed its long term liabilities (₱3.1B).
Debt to Equity History and Analysis
Debt Level: ELI's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: ELI's debt to equity ratio has increased from 6.4% to 22.2% over the past 5 years.
Debt Coverage: ELI's debt is not well covered by operating cash flow (6%).
Interest Coverage: ELI earns more interest than it pays, so coverage of interest payments is not a concern.