Cebu Air Balance Sheet Health
Financial Health criteria checks 1/6
Cebu Air has a total shareholder equity of ₱8.1B and total debt of ₱60.4B, which brings its debt-to-equity ratio to 745.8%. Its total assets and total liabilities are ₱214.1B and ₱206.0B respectively. Cebu Air's EBIT is ₱9.0B making its interest coverage ratio 1.5. It has cash and short-term investments of ₱17.4B.
Key information
745.8%
Debt to equity ratio
₱60.39b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₱17.45b |
| Equity | ₱8.10b |
| Total liabilities | ₱205.96b |
| Total assets | ₱214.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEBU.Y's short term assets (₱30.5B) do not cover its short term liabilities (₱61.4B).
Long Term Liabilities: CEBU.Y's short term assets (₱30.5B) do not cover its long term liabilities (₱144.5B).
Debt to Equity History and Analysis
Debt Level: CEBU.Y's net debt to equity ratio (530.3%) is considered high.
Reducing Debt: CEBU.Y's debt to equity ratio has increased from 107.5% to 745.8% over the past 5 years.
Debt Coverage: CEBU.Y's debt is well covered by operating cash flow (33.2%).
Interest Coverage: CEBU.Y's interest payments on its debt are not well covered by EBIT (1.5x coverage).