8990 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
8990 Holdings has a total shareholder equity of ₱54.7B and total debt of ₱44.5B, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are ₱112.5B and ₱57.8B respectively. 8990 Holdings's EBIT is ₱6.6B making its interest coverage ratio -7.4. It has cash and short-term investments of ₱1.8B.
Key information
81.4%
Debt to equity ratio
₱44.52b
Debt
| Interest coverage ratio | -7.4x |
| Cash | ₱1.78b |
| Equity | ₱54.72b |
| Total liabilities | ₱57.80b |
| Total assets | ₱112.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOUSE's short term assets (₱72.7B) exceed its short term liabilities (₱25.8B).
Long Term Liabilities: HOUSE's short term assets (₱72.7B) exceed its long term liabilities (₱32.0B).
Debt to Equity History and Analysis
Debt Level: HOUSE's net debt to equity ratio (78.1%) is considered high.
Reducing Debt: HOUSE's debt to equity ratio has reduced from 92.4% to 81.4% over the past 5 years.
Debt Coverage: HOUSE's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: HOUSE earns more interest than it pays, so coverage of interest payments is not a concern.