Central Azucarera de Tarlac Balance Sheet Health
Financial Health criteria checks 5/6
Central Azucarera de Tarlac has a total shareholder equity of ₱3.8B and total debt of ₱1.2B, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are ₱6.3B and ₱2.5B respectively. Central Azucarera de Tarlac's EBIT is ₱2.7B making its interest coverage ratio 31.4. It has cash and short-term investments of ₱636.7M.
Key information
32.5%
Debt to equity ratio
₱1.24b
Debt
| Interest coverage ratio | 31.4x |
| Cash | ₱636.68m |
| Equity | ₱3.82b |
| Total liabilities | ₱2.48b |
| Total assets | ₱6.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAT's short term assets (₱3.3B) exceed its short term liabilities (₱1.8B).
Long Term Liabilities: CAT's short term assets (₱3.3B) exceed its long term liabilities (₱629.4M).
Debt to Equity History and Analysis
Debt Level: CAT's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: CAT's debt to equity ratio has increased from 25.2% to 32.5% over the past 5 years.
Debt Coverage: CAT's debt is well covered by operating cash flow (255.4%).
Interest Coverage: CAT's interest payments on its debt are well covered by EBIT (31.4x coverage).