JG Summit Holdings Balance Sheet Health
Financial Health criteria checks 3/6
JG Summit Holdings has a total shareholder equity of ₱436.0B and total debt of ₱304.4B, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are ₱1,078.1B and ₱642.2B respectively. JG Summit Holdings's EBIT is ₱42.0B making its interest coverage ratio 3.5. It has cash and short-term investments of ₱60.6B.
Key information
69.8%
Debt to equity ratio
₱304.45b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₱60.62b |
| Equity | ₱435.96b |
| Total liabilities | ₱642.16b |
| Total assets | ₱1.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JGSH.F's short term assets (₱392.5B) exceed its short term liabilities (₱349.6B).
Long Term Liabilities: JGSH.F's short term assets (₱392.5B) exceed its long term liabilities (₱292.6B).
Debt to Equity History and Analysis
Debt Level: JGSH.F's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: JGSH.F's debt to equity ratio has increased from 64.6% to 69.8% over the past 5 years.
Debt Coverage: JGSH.F's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: JGSH.F's interest payments on its debt are well covered by EBIT (3.5x coverage).