Globe Telecom Balance Sheet Health
Financial Health criteria checks 3/6
Globe Telecom has a total shareholder equity of ₱159.9B and total debt of ₱250.0B, which brings its debt-to-equity ratio to 156.3%. Its total assets and total liabilities are ₱611.6B and ₱451.7B respectively. Globe Telecom's EBIT is ₱38.5B making its interest coverage ratio 3.4. It has cash and short-term investments of ₱16.6B.
Key information
156.3%
Debt to equity ratio
₱249.96b
Debt
Interest coverage ratio | 3.4x |
Cash | ₱16.65b |
Equity | ₱159.93b |
Total liabilities | ₱451.70b |
Total assets | ₱611.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLO's short term assets (₱86.9B) do not cover its short term liabilities (₱143.3B).
Long Term Liabilities: GLO's short term assets (₱86.9B) do not cover its long term liabilities (₱308.4B).
Debt to Equity History and Analysis
Debt Level: GLO's net debt to equity ratio (145.9%) is considered high.
Reducing Debt: GLO's debt to equity ratio has reduced from 202.7% to 156.3% over the past 5 years.
Debt Coverage: GLO's debt is well covered by operating cash flow (32.2%).
Interest Coverage: GLO's interest payments on its debt are well covered by EBIT (3.4x coverage).