Semirara Mining and Power Balance Sheet Health
Financial Health criteria checks 6/6
Semirara Mining and Power has a total shareholder equity of ₱62.4B and total debt of ₱6.7B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ₱85.1B and ₱22.8B respectively. Semirara Mining and Power's EBIT is ₱29.0B making its interest coverage ratio -39.7. It has cash and short-term investments of ₱19.0B.
Key information
10.8%
Debt to equity ratio
₱6.73b
Debt
Interest coverage ratio | -39.7x |
Cash | ₱18.99b |
Equity | ₱62.38b |
Total liabilities | ₱22.75b |
Total assets | ₱85.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCC's short term assets (₱46.1B) exceed its short term liabilities (₱19.4B).
Long Term Liabilities: SCC's short term assets (₱46.1B) exceed its long term liabilities (₱3.4B).
Debt to Equity History and Analysis
Debt Level: SCC has more cash than its total debt.
Reducing Debt: SCC's debt to equity ratio has reduced from 51.3% to 10.8% over the past 5 years.
Debt Coverage: SCC's debt is well covered by operating cash flow (538.2%).
Interest Coverage: SCC earns more interest than it pays, so coverage of interest payments is not a concern.