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 ₱3.0B and ₱220.5M respectively. City & Land Developers's EBIT is ₱138.0M making its interest coverage ratio -4.1. It has cash and short-term investments of ₱268.1M.
Key information
0%
Debt to equity ratio
₱0
Debt
Interest coverage ratio | -4.1x |
Cash | ₱268.15m |
Equity | ₱2.78b |
Total liabilities | ₱220.53m |
Total assets | ₱3.00b |
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 (₱147.5M).
Long Term Liabilities: LAND's short term assets (₱2.2B) exceed its long term liabilities (₱73.0M).
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 8.2%.
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.