Transpacific Broadband Group International Balance Sheet Health
Financial Health criteria checks 4/6
Transpacific Broadband Group International has a total shareholder equity of ₱591.5M and total debt of ₱45.5M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₱659.5M and ₱68.0M respectively. Transpacific Broadband Group International's EBIT is ₱3.3M making its interest coverage ratio 10.4. It has cash and short-term investments of ₱12.1M.
Key information
7.7%
Debt to equity ratio
₱45.51m
Debt
Interest coverage ratio | 10.4x |
Cash | ₱12.06m |
Equity | ₱591.46m |
Total liabilities | ₱67.99m |
Total assets | ₱659.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBGI's short term assets (₱22.7M) exceed its short term liabilities (₱8.9M).
Long Term Liabilities: TBGI's short term assets (₱22.7M) do not cover its long term liabilities (₱59.1M).
Debt to Equity History and Analysis
Debt Level: TBGI's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: TBGI's debt to equity ratio has increased from 2.1% to 7.7% over the past 5 years.
Debt Coverage: TBGI's debt is well covered by operating cash flow (23.4%).
Interest Coverage: TBGI's interest payments on its debt are well covered by EBIT (10.4x coverage).