SM Prime Holdings Balance Sheet Health
Financial Health criteria checks 2/6
SM Prime Holdings has a total shareholder equity of ₱410.8B and total debt of ₱383.3B, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are ₱977.0B and ₱566.2B respectively. SM Prime Holdings's EBIT is ₱63.4B making its interest coverage ratio 4.6. It has cash and short-term investments of ₱33.8B.
Key information
93.3%
Debt to equity ratio
₱383.32b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₱33.78b |
| Equity | ₱410.77b |
| Total liabilities | ₱566.20b |
| Total assets | ₱976.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPHX.F's short term assets (₱215.3B) exceed its short term liabilities (₱214.9B).
Long Term Liabilities: SPHX.F's short term assets (₱215.3B) do not cover its long term liabilities (₱351.3B).
Debt to Equity History and Analysis
Debt Level: SPHX.F's net debt to equity ratio (85.1%) is considered high.
Reducing Debt: SPHX.F's debt to equity ratio has increased from 80.7% to 93.3% over the past 5 years.
Debt Coverage: SPHX.F's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: SPHX.F's interest payments on its debt are well covered by EBIT (4.6x coverage).