Alliance Global Group Balance Sheet Health
Financial Health criteria checks 5/6
Alliance Global Group has a total shareholder equity of ₱394.6B and total debt of ₱223.8B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are ₱782.5B and ₱388.0B respectively. Alliance Global Group's EBIT is ₱50.1B making its interest coverage ratio 4.1. It has cash and short-term investments of ₱80.0B.
Key information
56.7%
Debt to equity ratio
₱223.80b
Debt
Interest coverage ratio | 4.1x |
Cash | ₱80.00b |
Equity | ₱394.57b |
Total liabilities | ₱387.98b |
Total assets | ₱782.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALGG.F's short term assets (₱381.9B) exceed its short term liabilities (₱167.0B).
Long Term Liabilities: ALGG.F's short term assets (₱381.9B) exceed its long term liabilities (₱221.0B).
Debt to Equity History and Analysis
Debt Level: ALGG.F's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: ALGG.F's debt to equity ratio has reduced from 68.7% to 56.7% over the past 5 years.
Debt Coverage: ALGG.F's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: ALGG.F's interest payments on its debt are well covered by EBIT (4.1x coverage).