Transpacific Broadband Group International Balance Sheet Health
Financial Health criteria checks 3/6
Transpacific Broadband Group International has a total shareholder equity of ₱592.5M and total debt of ₱45.4M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₱656.5M and ₱64.0M respectively. Transpacific Broadband Group International's EBIT is ₱3.2M making its interest coverage ratio 13.5. It has cash and short-term investments of ₱12.3M.
Key information
7.7%
Debt to equity ratio
₱45.42m
Debt
| Interest coverage ratio | 13.5x |
| Cash | ₱12.29m |
| Equity | ₱592.50m |
| Total liabilities | ₱64.05m |
| Total assets | ₱656.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBGI's short term assets (₱30.9M) exceed its short term liabilities (₱5.0M).
Long Term Liabilities: TBGI's short term assets (₱30.9M) do not cover its long term liabilities (₱59.0M).
Debt to Equity History and Analysis
Debt Level: TBGI's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: TBGI's debt to equity ratio has increased from 1% to 7.7% over the past 5 years.
Debt Coverage: TBGI's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: TBGI's interest payments on its debt are well covered by EBIT (13.5x coverage).