San Miguel Balance Sheet Health
Financial Health criteria checks 1/6
San Miguel has a total shareholder equity of ₱664.6B and total debt of ₱1,441.4B, which brings its debt-to-equity ratio to 216.9%. Its total assets and total liabilities are ₱2,507.5B and ₱1,842.9B respectively. San Miguel's EBIT is ₱153.1B making its interest coverage ratio 2.1. It has cash and short-term investments of ₱283.4B.
Key information
216.9%
Debt to equity ratio
₱1.44t
Debt
Interest coverage ratio | 2.1x |
Cash | ₱283.40b |
Equity | ₱664.62b |
Total liabilities | ₱1.84t |
Total assets | ₱2.51t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMC2J's short term assets (₱836.9B) exceed its short term liabilities (₱805.1B).
Long Term Liabilities: SMC2J's short term assets (₱836.9B) do not cover its long term liabilities (₱1,037.8B).
Debt to Equity History and Analysis
Debt Level: SMC2J's net debt to equity ratio (174.2%) is considered high.
Reducing Debt: SMC2J's debt to equity ratio has increased from 156.5% to 216.9% over the past 5 years.
Debt Coverage: SMC2J's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: SMC2J's interest payments on its debt are not well covered by EBIT (2.1x coverage).