Megawide Construction Balance Sheet Health
Financial Health criteria checks 2/6
Megawide Construction has a total shareholder equity of ₱17.0B and total debt of ₱40.1B, which brings its debt-to-equity ratio to 235.5%. Its total assets and total liabilities are ₱68.3B and ₱51.3B respectively. Megawide Construction's EBIT is ₱1.4B making its interest coverage ratio 1.3. It has cash and short-term investments of ₱5.2B.
Key information
235.5%
Debt to equity ratio
₱40.05b
Debt
Interest coverage ratio | 1.3x |
Cash | ₱5.21b |
Equity | ₱17.01b |
Total liabilities | ₱51.34b |
Total assets | ₱68.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWP4's short term assets (₱52.3B) exceed its short term liabilities (₱39.2B).
Long Term Liabilities: MWP4's short term assets (₱52.3B) exceed its long term liabilities (₱12.2B).
Debt to Equity History and Analysis
Debt Level: MWP4's net debt to equity ratio (204.8%) is considered high.
Reducing Debt: MWP4's debt to equity ratio has increased from 209% to 235.5% over the past 5 years.
Debt Coverage: MWP4's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MWP4's interest payments on its debt are not well covered by EBIT (1.3x coverage).