NOW Balance Sheet Health
Financial Health criteria checks 4/6
NOW has a total shareholder equity of ₱2.2B and total debt of ₱530.5M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are ₱3.1B and ₱946.7M respectively. NOW's EBIT is ₱26.6M making its interest coverage ratio 1.2. It has cash and short-term investments of ₱20.2M.
Key information
24.2%
Debt to equity ratio
₱530.48m
Debt
Interest coverage ratio | 1.2x |
Cash | ₱20.20m |
Equity | ₱2.19b |
Total liabilities | ₱946.74m |
Total assets | ₱3.14b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOW's short term assets (₱916.7M) exceed its short term liabilities (₱566.8M).
Long Term Liabilities: NOW's short term assets (₱916.7M) exceed its long term liabilities (₱379.9M).
Debt to Equity History and Analysis
Debt Level: NOW's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: NOW's debt to equity ratio has reduced from 27.6% to 24.2% over the past 5 years.
Debt Coverage: NOW's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: NOW's interest payments on its debt are not well covered by EBIT (1.2x coverage).