First Philippine Holdings Balance Sheet Health
Financial Health criteria checks 6/6
First Philippine Holdings has a total shareholder equity of ₱251.3B and total debt of ₱154.4B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are ₱503.7B and ₱252.4B respectively. First Philippine Holdings's EBIT is ₱33.0B making its interest coverage ratio 10.6. It has cash and short-term investments of ₱59.0B.
Key information
61.4%
Debt to equity ratio
₱154.39b
Debt
Interest coverage ratio | 10.6x |
Cash | ₱59.00b |
Equity | ₱251.27b |
Total liabilities | ₱252.39b |
Total assets | ₱503.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPH's short term assets (₱168.7B) exceed its short term liabilities (₱97.9B).
Long Term Liabilities: FPH's short term assets (₱168.7B) exceed its long term liabilities (₱154.5B).
Debt to Equity History and Analysis
Debt Level: FPH's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: FPH's debt to equity ratio has reduced from 85.3% to 61.4% over the past 5 years.
Debt Coverage: FPH's debt is well covered by operating cash flow (21.2%).
Interest Coverage: FPH's interest payments on its debt are well covered by EBIT (10.6x coverage).