Basic Energy Balance Sheet Health
Financial Health criteria checks 2/6
Basic Energy has a total shareholder equity of ₱7.5B and total debt of ₱10.6B, which brings its debt-to-equity ratio to 140.9%. Its total assets and total liabilities are ₱29.8B and ₱22.3B respectively. Basic Energy's EBIT is ₱325.9M making its interest coverage ratio 0.6. It has cash and short-term investments of ₱1.8B.
Key information
140.9%
Debt to equity ratio
₱10.61b
Debt
Interest coverage ratio | 0.6x |
Cash | ₱1.85b |
Equity | ₱7.53b |
Total liabilities | ₱22.27b |
Total assets | ₱29.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSC's short term assets (₱23.5B) exceed its short term liabilities (₱21.2B).
Long Term Liabilities: BSC's short term assets (₱23.5B) exceed its long term liabilities (₱1.1B).
Debt to Equity History and Analysis
Debt Level: BSC's net debt to equity ratio (116.3%) is considered high.
Reducing Debt: BSC's debt to equity ratio has increased from 7.1% to 140.9% over the past 5 years.
Debt Coverage: BSC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BSC's interest payments on its debt are not well covered by EBIT (0.6x coverage).