Synergy Grid & Development Phils Balance Sheet Health
Financial Health criteria checks 2/6
Synergy Grid & Development Phils has a total shareholder equity of ₱155.5B and total debt of ₱194.4B, which brings its debt-to-equity ratio to 125%. Its total assets and total liabilities are ₱466.2B and ₱310.7B respectively. Synergy Grid & Development Phils's EBIT is ₱29.6B making its interest coverage ratio 5.3. It has cash and short-term investments of ₱9.9B.
Key information
125.0%
Debt to equity ratio
₱194.35b
Debt
Interest coverage ratio | 5.3x |
Cash | ₱9.91b |
Equity | ₱155.46b |
Total liabilities | ₱310.72b |
Total assets | ₱466.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGP's short term assets (₱49.8B) do not cover its short term liabilities (₱86.4B).
Long Term Liabilities: SGP's short term assets (₱49.8B) do not cover its long term liabilities (₱224.3B).
Debt to Equity History and Analysis
Debt Level: SGP's net debt to equity ratio (118.6%) is considered high.
Reducing Debt: Insufficient data to determine if SGP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SGP's debt is well covered by operating cash flow (20%).
Interest Coverage: SGP's interest payments on its debt are well covered by EBIT (5.3x coverage).