Empire East Land Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Empire East Land Holdings has a total shareholder equity of ₱31.4B and total debt of ₱6.2B, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are ₱49.5B and ₱18.1B respectively. Empire East Land Holdings's EBIT is ₱855.4M making its interest coverage ratio -1.8. It has cash and short-term investments of ₱3.7B.
Key information
19.8%
Debt to equity ratio
₱6.20b
Debt
Interest coverage ratio | -1.8x |
Cash | ₱3.72b |
Equity | ₱31.36b |
Total liabilities | ₱18.14b |
Total assets | ₱49.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELI's short term assets (₱43.3B) exceed its short term liabilities (₱15.1B).
Long Term Liabilities: ELI's short term assets (₱43.3B) exceed its long term liabilities (₱3.0B).
Debt to Equity History and Analysis
Debt Level: ELI's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: ELI's debt to equity ratio has reduced from 20.7% to 19.8% over the past 5 years.
Debt Coverage: ELI's debt is not well covered by operating cash flow (9%).
Interest Coverage: ELI earns more interest than it pays, so coverage of interest payments is not a concern.