Premiere Island Power Reit Balance Sheet Health
Financial Health criteria checks 6/6
Premiere Island Power Reit has a total shareholder equity of ₱9.1B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱9.9B and ₱767.2M respectively. Premiere Island Power Reit's EBIT is ₱568.4M making its interest coverage ratio 1325.4. It has cash and short-term investments of ₱51.9M.
Key information
0%
Debt to equity ratio
₱0
Debt
Interest coverage ratio | 1325.4x |
Cash | ₱51.89m |
Equity | ₱9.10b |
Total liabilities | ₱767.20m |
Total assets | ₱9.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PREIT's short term assets (₱1.1B) exceed its short term liabilities (₱702.7M).
Long Term Liabilities: PREIT's short term assets (₱1.1B) exceed its long term liabilities (₱64.5M).
Debt to Equity History and Analysis
Debt Level: PREIT is debt free.
Reducing Debt: PREIT had no debt 5 years ago.
Debt Coverage: PREIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PREIT has no debt, therefore coverage of interest payments is not a concern.