San Miguel Balance Sheet Health
Financial Health criteria checks 0/6
San Miguel has a total shareholder equity of ₱655.3B and total debt of ₱1,484.7B, which brings its debt-to-equity ratio to 226.6%. Its total assets and total liabilities are ₱2,555.4B and ₱1,900.2B respectively. San Miguel's EBIT is ₱162.1B making its interest coverage ratio 2.2. It has cash and short-term investments of ₱255.8B.
Key information
226.6%
Debt to equity ratio
₱1.48t
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₱255.76b |
| Equity | ₱655.28b |
| Total liabilities | ₱1.90t |
| Total assets | ₱2.56t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMC2L's short term assets (₱848.7B) do not cover its short term liabilities (₱851.7B).
Long Term Liabilities: SMC2L's short term assets (₱848.7B) do not cover its long term liabilities (₱1,048.5B).
Debt to Equity History and Analysis
Debt Level: SMC2L's net debt to equity ratio (187.5%) is considered high.
Reducing Debt: SMC2L's debt to equity ratio has increased from 141.7% to 226.6% over the past 5 years.
Debt Coverage: SMC2L's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: SMC2L's interest payments on its debt are not well covered by EBIT (2.2x coverage).