Global-Estate Resorts Balance Sheet Health
Financial Health criteria checks 4/6
Global-Estate Resorts has a total shareholder equity of ₱41.1B and total debt of ₱8.8B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ₱63.1B and ₱22.0B respectively. Global-Estate Resorts's EBIT is ₱3.2B making its interest coverage ratio 24.2. It has cash and short-term investments of ₱1.5B.
Key information
21.5%
Debt to equity ratio
₱8.83b
Debt
| Interest coverage ratio | 24.2x |
| Cash | ₱1.50b |
| Equity | ₱41.10b |
| Total liabilities | ₱22.03b |
| Total assets | ₱63.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GERI's short term assets (₱43.2B) exceed its short term liabilities (₱9.5B).
Long Term Liabilities: GERI's short term assets (₱43.2B) exceed its long term liabilities (₱12.5B).
Debt to Equity History and Analysis
Debt Level: GERI's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: GERI's debt to equity ratio has increased from 17.2% to 21.5% over the past 5 years.
Debt Coverage: GERI's debt is not well covered by operating cash flow (2%).
Interest Coverage: GERI's interest payments on its debt are well covered by EBIT (24.2x coverage).