SM Prime Holdings Balance Sheet Health
Financial Health criteria checks 2/6
SM Prime Holdings has a total shareholder equity of ₱398.9B and total debt of ₱366.7B, which brings its debt-to-equity ratio to 91.9%. Its total assets and total liabilities are ₱943.3B and ₱544.4B respectively. SM Prime Holdings's EBIT is ₱61.3B making its interest coverage ratio 4.7. It has cash and short-term investments of ₱31.8B.
Key information
91.9%
Debt to equity ratio
₱366.66b
Debt
Interest coverage ratio | 4.7x |
Cash | ₱31.82b |
Equity | ₱398.89b |
Total liabilities | ₱544.44b |
Total assets | ₱943.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMPH's short term assets (₱216.7B) exceed its short term liabilities (₱172.4B).
Long Term Liabilities: SMPH's short term assets (₱216.7B) do not cover its long term liabilities (₱372.0B).
Debt to Equity History and Analysis
Debt Level: SMPH's net debt to equity ratio (83.9%) is considered high.
Reducing Debt: SMPH's debt to equity ratio has increased from 79.8% to 91.9% over the past 5 years.
Debt Coverage: SMPH's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: SMPH's interest payments on its debt are well covered by EBIT (4.7x coverage).