Filinvest REIT Balance Sheet Health
Financial Health criteria checks 4/6
Filinvest REIT has a total shareholder equity of ₱41.4B and total debt of ₱6.0B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are ₱49.9B and ₱8.6B respectively. Filinvest REIT's EBIT is ₱1.8B making its interest coverage ratio 4.8. It has cash and short-term investments of ₱1.3B.
Key information
14.5%
Debt to equity ratio
₱5.99b
Debt
Interest coverage ratio | 4.8x |
Cash | ₱1.30b |
Equity | ₱41.36b |
Total liabilities | ₱8.59b |
Total assets | ₱49.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FILRT's short term assets (₱1.7B) do not cover its short term liabilities (₱2.0B).
Long Term Liabilities: FILRT's short term assets (₱1.7B) do not cover its long term liabilities (₱6.6B).
Debt to Equity History and Analysis
Debt Level: FILRT's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: FILRT's debt to equity ratio has reduced from 140% to 14.5% over the past 5 years.
Debt Coverage: FILRT's debt is well covered by operating cash flow (30%).
Interest Coverage: FILRT's interest payments on its debt are well covered by EBIT (4.8x coverage).