Megawide Construction Balance Sheet Health
Financial Health criteria checks 2/6
Megawide Construction has a total shareholder equity of ₱17.2B and total debt of ₱41.5B, which brings its debt-to-equity ratio to 241.4%. Its total assets and total liabilities are ₱68.1B and ₱50.9B respectively. Megawide Construction's EBIT is ₱1.9B making its interest coverage ratio 1.4. It has cash and short-term investments of ₱5.8B.
Key information
241.4%
Debt to equity ratio
₱41.47b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₱5.85b |
| Equity | ₱17.18b |
| Total liabilities | ₱50.94b |
| Total assets | ₱68.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWP5's short term assets (₱52.2B) exceed its short term liabilities (₱35.1B).
Long Term Liabilities: MWP5's short term assets (₱52.2B) exceed its long term liabilities (₱15.8B).
Debt to Equity History and Analysis
Debt Level: MWP5's net debt to equity ratio (207.4%) is considered high.
Reducing Debt: MWP5's debt to equity ratio has increased from 233.2% to 241.4% over the past 5 years.
Debt Coverage: MWP5's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: MWP5's interest payments on its debt are not well covered by EBIT (1.4x coverage).