8990 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
8990 Holdings has a total shareholder equity of ₱56.4B and total debt of ₱43.4B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are ₱110.6B and ₱54.2B respectively. 8990 Holdings's EBIT is ₱5.5B making its interest coverage ratio -4.9. It has cash and short-term investments of ₱1.5B.
Key information
77.0%
Debt to equity ratio
₱43.42b
Debt
| Interest coverage ratio | -4.9x |
| Cash | ₱1.53b |
| Equity | ₱56.37b |
| Total liabilities | ₱54.19b |
| Total assets | ₱110.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOUSE's short term assets (₱73.2B) exceed its short term liabilities (₱23.2B).
Long Term Liabilities: HOUSE's short term assets (₱73.2B) exceed its long term liabilities (₱31.0B).
Debt to Equity History and Analysis
Debt Level: HOUSE's net debt to equity ratio (74.3%) is considered high.
Reducing Debt: HOUSE's debt to equity ratio has reduced from 96.9% to 77% over the past 5 years.
Debt Coverage: HOUSE's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: HOUSE earns more interest than it pays, so coverage of interest payments is not a concern.