Solid Group Balance Sheet Health
Financial Health criteria checks 6/6
Solid Group has a total shareholder equity of ₱12.0B and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱13.8B and ₱1.7B respectively. Solid Group's EBIT is ₱262.7M making its interest coverage ratio -3.1. It has cash and short-term investments of ₱2.9B.
Key information
0%
Debt to equity ratio
₱0
Debt
Interest coverage ratio | -3.1x |
Cash | ₱2.91b |
Equity | ₱12.05b |
Total liabilities | ₱1.74b |
Total assets | ₱13.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGI's short term assets (₱4.6B) exceed its short term liabilities (₱517.5M).
Long Term Liabilities: SGI's short term assets (₱4.6B) exceed its long term liabilities (₱1.2B).
Debt to Equity History and Analysis
Debt Level: SGI is debt free.
Reducing Debt: SGI has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: SGI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SGI has no debt, therefore coverage of interest payments is not a concern.