Cebu Air Balance Sheet Health
Financial Health criteria checks 1/6
Cebu Air has a total shareholder equity of ₱4.8B and total debt of ₱52.1B, which brings its debt-to-equity ratio to 1091.2%. Its total assets and total liabilities are ₱187.2B and ₱182.4B respectively. Cebu Air's EBIT is ₱9.5B making its interest coverage ratio 2.1. It has cash and short-term investments of ₱15.6B.
Key information
1,091.2%
Debt to equity ratio
₱52.14b
Debt
Interest coverage ratio | 2.1x |
Cash | ₱15.60b |
Equity | ₱4.78b |
Total liabilities | ₱182.41b |
Total assets | ₱187.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEB's short term assets (₱28.2B) do not cover its short term liabilities (₱54.7B).
Long Term Liabilities: CEB's short term assets (₱28.2B) do not cover its long term liabilities (₱127.7B).
Debt to Equity History and Analysis
Debt Level: CEB's net debt to equity ratio (764.8%) is considered high.
Reducing Debt: CEB's debt to equity ratio has increased from 134.2% to 1091.2% over the past 5 years.
Debt Coverage: CEB's debt is well covered by operating cash flow (33.5%).
Interest Coverage: CEB's interest payments on its debt are not well covered by EBIT (2.1x coverage).