Filinvest Development Balance Sheet Health
Financial Health criteria checks 4/6
Filinvest Development has a total shareholder equity of ₱177.7B and total debt of ₱147.8B, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are ₱734.9B and ₱557.2B respectively. Filinvest Development's EBIT is ₱19.8B making its interest coverage ratio 4.3. It has cash and short-term investments of ₱53.8B.
Key information
83.2%
Debt to equity ratio
₱147.78b
Debt
Interest coverage ratio | 4.3x |
Cash | ₱53.80b |
Equity | ₱177.69b |
Total liabilities | ₱557.24b |
Total assets | ₱734.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FDC's short term assets (₱460.3B) exceed its short term liabilities (₱193.5B).
Long Term Liabilities: FDC's short term assets (₱460.3B) exceed its long term liabilities (₱363.7B).
Debt to Equity History and Analysis
Debt Level: FDC's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: FDC's debt to equity ratio has reduced from 122.8% to 83.2% over the past 5 years.
Debt Coverage: FDC's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: FDC's interest payments on its debt are well covered by EBIT (4.3x coverage).