Jollibee Foods Balance Sheet Health
Financial Health criteria checks 4/6
Jollibee Foods has a total shareholder equity of ₱86.3B and total debt of ₱51.4B, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are ₱244.2B and ₱157.9B respectively. Jollibee Foods's EBIT is ₱14.8B making its interest coverage ratio 3.3. It has cash and short-term investments of ₱41.7B.
Key information
59.6%
Debt to equity ratio
₱51.45b
Debt
Interest coverage ratio | 3.3x |
Cash | ₱41.71b |
Equity | ₱86.26b |
Total liabilities | ₱157.92b |
Total assets | ₱244.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBFC.Y's short term assets (₱74.2B) exceed its short term liabilities (₱67.8B).
Long Term Liabilities: JBFC.Y's short term assets (₱74.2B) do not cover its long term liabilities (₱90.2B).
Debt to Equity History and Analysis
Debt Level: JBFC.Y's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: JBFC.Y's debt to equity ratio has increased from 53.6% to 59.6% over the past 5 years.
Debt Coverage: JBFC.Y's debt is well covered by operating cash flow (73.5%).
Interest Coverage: JBFC.Y's interest payments on its debt are well covered by EBIT (3.3x coverage).