PAL Holdings Balance Sheet Health
Financial Health criteria checks 4/6
PAL Holdings has a total shareholder equity of ₱33.3B and total debt of ₱30.4B, which brings its debt-to-equity ratio to 91.2%. Its total assets and total liabilities are ₱219.7B and ₱186.4B respectively. PAL Holdings's EBIT is ₱28.1B making its interest coverage ratio 4.4. It has cash and short-term investments of ₱45.2B.
Key information
91.2%
Debt to equity ratio
₱30.38b
Debt
Interest coverage ratio | 4.4x |
Cash | ₱45.24b |
Equity | ₱33.30b |
Total liabilities | ₱186.43b |
Total assets | ₱219.73b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAL's short term assets (₱81.4B) do not cover its short term liabilities (₱92.8B).
Long Term Liabilities: PAL's short term assets (₱81.4B) do not cover its long term liabilities (₱93.6B).
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 506.3% to 91.2% over the past 5 years.
Debt Coverage: PAL's debt is well covered by operating cash flow (164.1%).
Interest Coverage: PAL's interest payments on its debt are well covered by EBIT (4.4x coverage).