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 ₱40.4B, which brings its debt-to-equity ratio to 235.2%. Its total assets and total liabilities are ₱68.0B and ₱50.8B respectively. Megawide Construction's EBIT is ₱1.6B making its interest coverage ratio 1.2. It has cash and short-term investments of ₱5.5B.
Key information
235.2%
Debt to equity ratio
₱40.36b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₱5.52b |
| Equity | ₱17.16b |
| Total liabilities | ₱50.82b |
| Total assets | ₱67.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWP5's short term assets (₱52.0B) exceed its short term liabilities (₱39.6B).
Long Term Liabilities: MWP5's short term assets (₱52.0B) exceed its long term liabilities (₱11.2B).
Debt to Equity History and Analysis
Debt Level: MWP5's net debt to equity ratio (203%) is considered high.
Reducing Debt: MWP5's debt to equity ratio has increased from 211% to 235.2% over the past 5 years.
Debt Coverage: MWP5's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MWP5's interest payments on its debt are not well covered by EBIT (1.2x coverage).