Premiere Horizon Alliance Balance Sheet Health
Financial Health criteria checks 4/6
Premiere Horizon Alliance has a total shareholder equity of ₱2.6B and total debt of ₱725.4M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are ₱4.7B and ₱2.1B respectively. Premiere Horizon Alliance's EBIT is ₱25.0M making its interest coverage ratio 0.2. It has cash and short-term investments of ₱136.4M.
Key information
27.6%
Debt to equity ratio
₱725.36m
Debt
Interest coverage ratio | 0.2x |
Cash | ₱136.42m |
Equity | ₱2.63b |
Total liabilities | ₱2.06b |
Total assets | ₱4.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHA's short term assets (₱2.0B) exceed its short term liabilities (₱959.8M).
Long Term Liabilities: PHA's short term assets (₱2.0B) exceed its long term liabilities (₱1.1B).
Debt to Equity History and Analysis
Debt Level: PHA's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: PHA's debt to equity ratio has reduced from 226.2% to 27.6% over the past 5 years.
Debt Coverage: PHA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PHA's interest payments on its debt are not well covered by EBIT (0.2x coverage).