Philippine Racing Club, Inc.

PSE:PRC Stock Report

Market Cap: ₱2.7b

Philippine Racing Club Balance Sheet Health

Financial Health criteria checks 4/6

Philippine Racing Club has a total shareholder equity of ₱5.5B and total debt of ₱737.9M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₱7.6B and ₱2.1B respectively.

Key information

13.5%

Debt to equity ratio

₱737.93m

Debt

Interest coverage ration/a
Cash₱402.28m
Equity₱5.48b
Total liabilities₱2.08b
Total assets₱7.56b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PRC's short term assets (₱3.3B) exceed its short term liabilities (₱1.1B).

Long Term Liabilities: PRC's short term assets (₱3.3B) exceed its long term liabilities (₱957.3M).


Debt to Equity History and Analysis

Debt Level: PRC's net debt to equity ratio (6.1%) is considered satisfactory.

Reducing Debt: PRC's debt to equity ratio has reduced from 25.5% to 13.5% over the past 5 years.

Debt Coverage: PRC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if PRC's interest payments on its debt are well covered by EBIT.


Balance Sheet


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