First Philippine Holdings (First Philippine Holdings) Cash-to-Debt : 0.38 (As of Mar. 2024)

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What is First Philippine Holdings Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. First Philippine Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.38.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, First Philippine Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for First Philippine Holdings's Cash-to-Debt or its related term are showing as below:

FPHHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.35 Max: 0.56
Current: 0.38

During the past 13 years, First Philippine Holdings's highest Cash to Debt Ratio was 0.56. The lowest was 0.23. And the median was 0.35.

FPHHF's Cash-to-Debt is ranked better than
62.68% of 493 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs FPHHF: 0.38

First Philippine Holdings Cash-to-Debt Historical Data

The historical data trend for First Philippine Holdings's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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First Philippine Holdings Cash-to-Debt Chart

First Philippine Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.34

0.47

0.44

0.48

First Philippine Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.56	0.55	0.53	0.48	0.38

Competitive Comparison of First Philippine Holdings's Cash-to-Debt

For the Utilities - Regulated Electric subindustry, First Philippine Holdings's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Philippine Holdings's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, First Philippine Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where First Philippine Holdings's Cash-to-Debt falls into.

First Philippine Holdings Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

First Philippine Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1187.932	/	(591.895	+	1905.31)
	=	0.48

First Philippine Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1013.833	/	(601.673	+	2105.444)
	=	0.37

First Philippine Holdings (OTCPK:FPHHF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

First Philippine Holdings Cash-to-Debt Related Terms

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First Philippine Holdings (First Philippine Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » First Philippine Holdings Corp (OTCPK:FPHHF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FPHPC.PFD:Philippines FPH:Philippines

Address

Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604

Website

https://www.fphc.com

First Philippine Holdings Corporation, or FPH, is a Filipino holding company involved in the purchasing and acquiring of shares in energy, real estate, manufacturing, construction, and engineering companies. FPH segments its activities into Power Generation, Real Estate Development, and Energy Solutions and Construction Services business units. The company's Power Generation division generates and distributes electricity. With its primary energy subsidiaries, First Gen Corporation and Energy Development Corporation, FPH operates a portfolio of natural gas-fired, hydroelectric, geothermal, wind, and solar power plants. The company derives the vast majority of its revenue from the sale of electricity. Principally all of FPH's operations take place in the Philippines.

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