Global-Estate Resorts Balance Sheet Health
Financial Health criteria checks 4/6
Global-Estate Resorts has a total shareholder equity of ₱39.9B and total debt of ₱10.1B, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are ₱61.7B and ₱21.8B respectively. Global-Estate Resorts's EBIT is ₱2.8B making its interest coverage ratio -16.2. It has cash and short-term investments of ₱2.1B.
Key information
25.3%
Debt to equity ratio
₱10.10b
Debt
Interest coverage ratio | -16.2x |
Cash | ₱2.13b |
Equity | ₱39.94b |
Total liabilities | ₱21.76b |
Total assets | ₱61.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GERI's short term assets (₱41.2B) exceed its short term liabilities (₱8.5B).
Long Term Liabilities: GERI's short term assets (₱41.2B) exceed its long term liabilities (₱13.3B).
Debt to Equity History and Analysis
Debt Level: GERI's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: GERI's debt to equity ratio has increased from 18.1% to 25.3% over the past 5 years.
Debt Coverage: GERI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GERI earns more interest than it pays, so coverage of interest payments is not a concern.