SM Prime Holdings Balance Sheet Health
Financial Health criteria checks 2/6
SM Prime Holdings has a total shareholder equity of ₱425.7B and total debt of ₱385.7B, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are ₱998.8B and ₱573.1B respectively. SM Prime Holdings's EBIT is ₱64.4B making its interest coverage ratio 4.6. It has cash and short-term investments of ₱39.4B.
Key information
90.6%
Debt to equity ratio
₱385.66b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₱39.36b |
| Equity | ₱425.73b |
| Total liabilities | ₱573.08b |
| Total assets | ₱998.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMPH's short term assets (₱224.5B) exceed its short term liabilities (₱198.8B).
Long Term Liabilities: SMPH's short term assets (₱224.5B) do not cover its long term liabilities (₱374.2B).
Debt to Equity History and Analysis
Debt Level: SMPH's net debt to equity ratio (81.3%) is considered high.
Reducing Debt: SMPH's debt to equity ratio has increased from 80.5% to 90.6% over the past 5 years.
Debt Coverage: SMPH's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: SMPH's interest payments on its debt are well covered by EBIT (4.6x coverage).