Megawide Construction Balance Sheet Health
Financial Health criteria checks 2/6
Megawide Construction has a total shareholder equity of ₱16.9B and total debt of ₱38.2B, which brings its debt-to-equity ratio to 225.6%. Its total assets and total liabilities are ₱66.3B and ₱49.4B respectively. Megawide Construction's EBIT is ₱825.0M making its interest coverage ratio 0.9. It has cash and short-term investments of ₱4.9B.
Key information
225.6%
Debt to equity ratio
₱38.20b
Debt
Interest coverage ratio | 0.9x |
Cash | ₱4.88b |
Equity | ₱16.93b |
Total liabilities | ₱49.39b |
Total assets | ₱66.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWIDE's short term assets (₱50.1B) exceed its short term liabilities (₱38.7B).
Long Term Liabilities: MWIDE's short term assets (₱50.1B) exceed its long term liabilities (₱10.7B).
Debt to Equity History and Analysis
Debt Level: MWIDE's net debt to equity ratio (196.8%) is considered high.
Reducing Debt: MWIDE's debt to equity ratio has increased from 202.8% to 225.6% over the past 5 years.
Debt Coverage: MWIDE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MWIDE's interest payments on its debt are not well covered by EBIT (0.9x coverage).