Filinvest Land Balance Sheet Health
Financial Health criteria checks 2/6
Filinvest Land has a total shareholder equity of ₱86.6B and total debt of ₱77.3B, which brings its debt-to-equity ratio to 89.3%. Its total assets and total liabilities are ₱198.6B and ₱112.0B respectively. Filinvest Land's EBIT is ₱8.2B making its interest coverage ratio 2.6. It has cash and short-term investments of ₱5.6B.
Key information
89.3%
Debt to equity ratio
₱77.31b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₱5.61b |
| Equity | ₱86.60b |
| Total liabilities | ₱111.96b |
| Total assets | ₱198.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLI's short term assets (₱86.7B) exceed its short term liabilities (₱38.8B).
Long Term Liabilities: FLI's short term assets (₱86.7B) exceed its long term liabilities (₱73.2B).
Debt to Equity History and Analysis
Debt Level: FLI's net debt to equity ratio (82.8%) is considered high.
Reducing Debt: FLI's debt to equity ratio has increased from 88.8% to 89.3% over the past 5 years.
Debt Coverage: FLI's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: FLI's interest payments on its debt are not well covered by EBIT (2.6x coverage).