Filinvest Land Balance Sheet Health
Financial Health criteria checks 4/6
Filinvest Land has a total shareholder equity of ₱94.3B and total debt of ₱74.9B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are ₱204.5B and ₱110.2B respectively. Filinvest Land's EBIT is ₱6.9B making its interest coverage ratio 3.4. It has cash and short-term investments of ₱5.8B.
Key information
79.5%
Debt to equity ratio
₱74.94b
Debt
Interest coverage ratio | 3.4x |
Cash | ₱5.83b |
Equity | ₱94.27b |
Total liabilities | ₱110.20b |
Total assets | ₱204.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLI's short term assets (₱95.6B) exceed its short term liabilities (₱32.2B).
Long Term Liabilities: FLI's short term assets (₱95.6B) exceed its long term liabilities (₱78.0B).
Debt to Equity History and Analysis
Debt Level: FLI's net debt to equity ratio (73.3%) is considered high.
Reducing Debt: FLI's debt to equity ratio has reduced from 89.1% to 79.5% over the past 5 years.
Debt Coverage: FLI's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: FLI's interest payments on its debt are well covered by EBIT (3.4x coverage).