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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:53 |
| End of Day Share Price | 2024/11/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cebu Air, Inc. is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Caroline Vergara | BofA Global Research |
| Kok Hoe Yap | CGS International |
| Rigan Wong | Citigroup Inc |