PAL Holdings Balance Sheet Health
Financial Health criteria checks 3/6
PAL Holdings has a total shareholder equity of ₱41.8B and total debt of ₱24.4B, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are ₱215.5B and ₱173.8B respectively. PAL Holdings's EBIT is ₱15.6B making its interest coverage ratio 2.9. It has cash and short-term investments of ₱35.6B.
Key information
58.4%
Debt to equity ratio
₱24.40b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₱35.58b |
| Equity | ₱41.76b |
| Total liabilities | ₱173.78b |
| Total assets | ₱215.55b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAL's short term assets (₱70.0B) do not cover its short term liabilities (₱91.5B).
Long Term Liabilities: PAL's short term assets (₱70.0B) do not cover its long term liabilities (₱82.3B).
Debt to Equity History and Analysis
Debt Level: PAL has more cash than its total debt.
Reducing Debt: PAL's debt to equity ratio has reduced from 1404.4% to 58.4% over the past 5 years.
Debt Coverage: PAL's debt is well covered by operating cash flow (114%).
Interest Coverage: PAL's interest payments on its debt are not well covered by EBIT (2.9x coverage).