Aboitiz Equity Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Aboitiz Equity Ventures has a total shareholder equity of ₱367.8B and total debt of ₱380.9B, which brings its debt-to-equity ratio to 103.5%. Its total assets and total liabilities are ₱833.3B and ₱465.5B respectively. Aboitiz Equity Ventures's EBIT is ₱40.0B making its interest coverage ratio 2.4. It has cash and short-term investments of ₱86.0B.
Key information
103.5%
Debt to equity ratio
₱380.87b
Debt
Interest coverage ratio | 2.4x |
Cash | ₱85.95b |
Equity | ₱367.84b |
Total liabilities | ₱465.45b |
Total assets | ₱833.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEV's short term assets (₱220.6B) exceed its short term liabilities (₱111.8B).
Long Term Liabilities: AEV's short term assets (₱220.6B) do not cover its long term liabilities (₱353.6B).
Debt to Equity History and Analysis
Debt Level: AEV's net debt to equity ratio (80.2%) is considered high.
Reducing Debt: AEV's debt to equity ratio has reduced from 115.3% to 103.5% over the past 5 years.
Debt Coverage: AEV's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: AEV's interest payments on its debt are not well covered by EBIT (2.4x coverage).