Filinvest Development Balance Sheet Health
Financial Health criteria checks 3/6
Filinvest Development has a total shareholder equity of ₱179.9B and total debt of ₱159.6B, which brings its debt-to-equity ratio to 88.7%. Its total assets and total liabilities are ₱770.6B and ₱590.7B respectively. Filinvest Development's EBIT is ₱23.2B making its interest coverage ratio 7.6. It has cash and short-term investments of ₱55.4B.
Key information
88.7%
Debt to equity ratio
₱159.63b
Debt
| Interest coverage ratio | 7.6x |
| Cash | ₱55.38b |
| Equity | ₱179.93b |
| Total liabilities | ₱590.66b |
| Total assets | ₱770.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FDC's short term assets (₱450.8B) exceed its short term liabilities (₱57.5B).
Long Term Liabilities: FDC's short term assets (₱450.8B) do not cover its long term liabilities (₱533.2B).
Debt to Equity History and Analysis
Debt Level: FDC's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: FDC's debt to equity ratio has reduced from 121.9% to 88.7% over the past 5 years.
Debt Coverage: FDC's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: FDC's interest payments on its debt are well covered by EBIT (7.6x coverage).