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    Date: 2023-02-09 18:09:41.064929

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    Date: 2023-02-10 08:10:07.569841

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    Date: 2023-02-13 11:43:36.989727

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Average Financial ratios of Higher Education Institutions in Western Visayas and/or Philippines

Requested from SEC by K. Depamaylo at 06:09 PM on Feb 09, 2023.
Purpose: Research Dissertation
Date of Coverage: 01/01/2019 - 12/31/2021
Tracking no: #SEC-536239501268

Depamaylo 06:09 PM, Feb 09, 2023

Good day!
I would like to request the average financial ratios of HEIs in Western Visayas and/or the Philippines for 2019, 2020 & 2021, as follows:
1. Revenue
2. Net Surplus
3. Quick Ratio
4. Current Ratio 
5. Solvency Ratio
6. Debt to Equity Ratio
7. Debt to Asset Ratio
8. Equity Ratio
Thank you.

Gonzales 08:10 AM, Feb 10, 2023

February 10, 2023

Dear Karenina,

Thank you for your request dated Feb 09, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Average Financial ratios of Higher Education Institutions in Western Visayas and/or Philippines.

We received your request on Feb 09, 2023 and will respond on or before Mar 02, 2023 06:09:41 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://pcoomaster11222017130000-dot-efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy01MzYyMzk1MDEyNjgM, for request with ticket number #SEC-536239501268.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

Espiritu 11:43 AM, Feb 13, 2023

February 13, 2023

Dear Karenina Depamaylo,

Greetings!

Thank you for your request dated Feb 09, 2023 06:09:41 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for Average Financial ratios of Higher Education Institutions in Western Visayas and/or Philippines.

Response to Request

We have available data on the Top 1000 Corporations ranked by Gross Revenue (GR).  As such, however, not all industry players are covered therein.  For additional clarification and/or information on the related fees and procedures on our Top 1000 Corporations data, you may coordinate with Ms. Ma. Theresa M. Bersabal through email address mtmbersabal@sec.gov.ph or telephone number 02 8818-6117.

For the industry average financial ratios, this may be obtained from independent research based on the corporations' Audited Financial Statement (AFS) filed with the SEC. To request for copies of AFS filed with the SEC, you may visit https://secexpress.ph/application-form or contact hotline number (02) 8737-8888 to discuss the details of your request and obtain information on the related fees and procedures. All documents requested through this system will be delivered within five to seven days from confirmation of payment. The list of SEC fees may be found at https://secexpress.ph/service-fees. 

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Chairperson Emilio B. Aquino through email address ebaquino@sec.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,

Rose Ann Espiritu
FOI Receiving Officer

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