Filinvest REIT Balance Sheet Health
Financial Health criteria checks 5/6
Filinvest REIT has a total shareholder equity of ₱41.3B and total debt of ₱6.0B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are ₱49.7B and ₱8.4B respectively. Filinvest REIT's EBIT is ₱1.7B making its interest coverage ratio 4.1. It has cash and short-term investments of ₱959.2M.
Key information
14.5%
Debt to equity ratio
₱6.00b
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₱959.16m |
| Equity | ₱41.32b |
| Total liabilities | ₱8.39b |
| Total assets | ₱49.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FILRT's short term assets (₱1.4B) do not cover its short term liabilities (₱7.8B).
Long Term Liabilities: FILRT's short term assets (₱1.4B) exceed its long term liabilities (₱576.3M).
Debt to Equity History and Analysis
Debt Level: FILRT's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: FILRT's debt to equity ratio has reduced from 133.2% to 14.5% over the past 5 years.
Debt Coverage: FILRT's debt is well covered by operating cash flow (28.8%).
Interest Coverage: FILRT's interest payments on its debt are well covered by EBIT (4.1x coverage).