City & Land Developers Balance Sheet Health
Financial Health criteria checks 6/6
City & Land Developers has a total shareholder equity of ₱2.8B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱3.2B and ₱382.0M respectively. City & Land Developers's EBIT is ₱116.1M making its interest coverage ratio -5.5. It has cash and short-term investments of ₱77.9M.
Key information
0%
Debt to equity ratio
₱0
Debt
| Interest coverage ratio | -5.5x |
| Cash | ₱77.88m |
| Equity | ₱2.80b |
| Total liabilities | ₱382.00m |
| Total assets | ₱3.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAND's short term assets (₱2.2B) exceed its short term liabilities (₱295.7M).
Long Term Liabilities: LAND's short term assets (₱2.2B) exceed its long term liabilities (₱86.3M).
Debt to Equity History and Analysis
Debt Level: LAND is debt free.
Reducing Debt: LAND has no debt compared to 5 years ago when its debt to equity ratio was 9.1%.
Debt Coverage: LAND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LAND has no debt, therefore coverage of interest payments is not a concern.