Philippine Estates Balance Sheet Health
Financial Health criteria checks 6/6
Philippine Estates has a total shareholder equity of ₱2.7B and total debt of ₱145.8M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ₱3.1B and ₱472.4M respectively. Philippine Estates's EBIT is ₱104.9M making its interest coverage ratio -24.5. It has cash and short-term investments of ₱13.4M.
Key information
5.5%
Debt to equity ratio
₱145.79m
Debt
| Interest coverage ratio | -24.5x |
| Cash | ₱13.42m |
| Equity | ₱2.65b |
| Total liabilities | ₱472.43m |
| Total assets | ₱3.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHES's short term assets (₱2.6B) exceed its short term liabilities (₱286.6M).
Long Term Liabilities: PHES's short term assets (₱2.6B) exceed its long term liabilities (₱185.8M).
Debt to Equity History and Analysis
Debt Level: PHES's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: PHES's debt to equity ratio has reduced from 17.7% to 5.5% over the past 5 years.
Debt Coverage: PHES's debt is well covered by operating cash flow (121.5%).
Interest Coverage: PHES earns more interest than it pays, so coverage of interest payments is not a concern.