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The document analyzes and compares the financial reports of Cebu Pacific Airlines and Philippine Airlines for 2022-2023. It examines their liquidity, solvency and stability ratios based on figures from their balance sheets for current assets, current liabilities, total assets, total liabilities and stockholders' equity.

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xyrillemalanos
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44 views16 pages

Realest Last

The document analyzes and compares the financial reports of Cebu Pacific Airlines and Philippine Airlines for 2022-2023. It examines their liquidity, solvency and stability ratios based on figures from their balance sheets for current assets, current liabilities, total assets, total liabilities and stockholders' equity.

Uploaded by

xyrillemalanos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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FINANCIAL REPORT

ANALYSIS
Created by :
Kate Malanos and Nicole Gadin

011/03/24
CEBU PACIFIC AIRLINES
Balance Sheet
as of December 31, 2023
Item 2023 2022

Current asset 30,218,264,767 29,794,991,505

Total Current Asset 172,503,519,981 147,155,862,472

Current Liabilites 48,838,964,406 43,809,200,632

Total Liabilities 170,405,658,256 150,041,005,036

Stockholders’ Equity 2,097,861,725 -2,885,142,564


Analysis and Interpretation
(CEBU PACIFIC)
1. Liquidity
2022

Current Ratio = Current Asset/Current Liabilities


= 29,794,991,505 / 43,809,200,632
= 0.68 or 68% (not liquid)

2023
Current Ratio = Current Asset/Current Liabilities
= 30,218,264,767 / 48,838,964,406
=0.619 or 62% (not liquid)
Analysis and Interpretation
(CEBU PACIFIC)
2. Liquidity
2022

Working Capital Ratio = Current Asset - Current Liabilities


= 29,794,991,505 - 43,809,200,632
= -18,014,209,127 pesos (Assets cannot pay the Liabilities)

2023
Working Capital Ratio = Current Asset - Current Liabilities
= 30,218,264,767 - 48,838,964,406
= -18,620,699,639 pesos (Assets cannot pay the Liabilities)
Analysis and Interpretation
(CEBU PACIFIC)
2. Solvency
2022
Debt to Asset Ratio = Total Liabilities / Total Asset
= 150,041,005,036 / 147,155,862,472
= 1.02

2023
Debt to Asset Ratio = Total Liabilities / Total Asset
= 170,405,658,256 / 172,503,519,981
= 0.988
Analysis and Interpretation
(CEBU PACIFIC)
2. Solvency
2022
Debt to Equity Ratio = Total Liabilities / Total Equity
= 150,041,005,036 / -2,885,142,564
= -52.005

2023
Debt to Equity Ratio = Total Liabilities / Total Equity
= 170,405,658,256 / 2,097,861,725
= 81.23
Analysis and Interpretation
(CEBU PACIFIC)
2. Solvency
c. Equity Ratio
2022
Debt to Asset Ratio = Total Equity / Total Assets
= -2,885,142,564 / 147,155,862,472
= -0.02

2023
Debt to Asset Ratio = Total Equity / Total Assets
= 2,097,861,725 / 172,503,519,981
= 0.012
Analysis and Interpretation
(CEBU PACIFIC)
3. Stability
2022

Debt to Equity Ratio = Total Liabilities / Total Equity


= 150,041,005,036 / -2,885,142,564
= -52.005

2023
a. Debt to Equity Ratio = Total Liabilities / Total Equity
= 170,405,658,256 / 2,097,861,725
= 81.238
PHILIPPINE AIRLINES
Balance Sheet
as of December 31, 2022-2023.
Item 2023 2022

Current asset 90,800,816 72,376,268

Total Current Asset 235,247,825 206,036,923

Current Liabilites 108,002,105 82,628,617

Total Liabilities 202,881,334 193,214,040

Stockholders’ Equity 32,366,491 12,822,883


Analysis and Interpretation
(PAL)
1. Liquidity
2022

a. Current Ratio = Current Asset/Current Liabilities


= 72,376,268 / 82,628,617
= 0.875 (not liquid)

2023
a. Cu rre nt Ra tio = Cu rre nt As se t/C urren t Li ab ili tie s
= 90,800,816 / 108,002,105
= 0.84
Analysis and Interpretation
(PAL)
1. Liquidity
2022

b. Working Capital Ratio = Current Asset - Current Liabilities


= 72,376,268 - 82,628,617
= -10,252,349 php (Assets cannot pay the Liabilities)

2023
b. Working Capital Ratio = Current Asset - Current Liabilities
= 90,800,816 - 108,002,105
= −17,201,289 (Assets cannot pay the Liabilities)
Analysis and Interpretation
(PAL)
2. Solvency
2022
a. Debt to Asset Ratio = Total Liabilities / Total Asset
= 193,214,040 / 206,036,923
= 0.938

2023
a. Debt to Asset Ratio = Total Liabilities / Total Asset
= 202,881,334 / 235,247,825
= 0.86
Analysis and Interpretation
(PAL)
2. Solvency
2022
b. Debt to Equity Ratio = Total Liabilities / Total Equity
=193,214,040 / 12,822,883
= 15.071

2023
b. Debt to Equity Ratio = Total Liabilities / Total Equity
= 202,881,334 / 32,366,491
= 6.27
Analysis and Interpretation
(PAL)
2. Solvency
c. Equity Ratio

2022
Debt to Asset Ratio = Total Equity / Total Assets
= 12,822,883 / 206,036,923
= 0.062

2023
Debt to Asset Ratio = Total Equity / Total Assets
=32,366,491 / 235,247,825
= 0.14
Analysis and Interpretation
(PAL)
3. Stability
2022

a. Debt to Equity Ratio = Total Liabilities / Total Equity


= 193,214,040 / 12,822,883
= 15.071

2023
a. Debt to Equity Ratio = Total Liabilities / Total Equity
= 202,881,334 / 32,366,491
= 6.27
Thank You

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