Apex Mining Balance Sheet Health
Financial Health criteria checks 5/6
Apex Mining has a total shareholder equity of ₱17.2B and total debt of ₱6.3B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are ₱29.0B and ₱11.8B respectively. Apex Mining's EBIT is ₱5.6B making its interest coverage ratio 8.7. It has cash and short-term investments of ₱1.4B.
Key information
36.4%
Debt to equity ratio
₱6.25b
Debt
| Interest coverage ratio | 8.7x |
| Cash | ₱1.38b |
| Equity | ₱17.17b |
| Total liabilities | ₱11.81b |
| Total assets | ₱28.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APX's short term assets (₱5.3B) do not cover its short term liabilities (₱8.5B).
Long Term Liabilities: APX's short term assets (₱5.3B) exceed its long term liabilities (₱3.3B).
Debt to Equity History and Analysis
Debt Level: APX's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: APX's debt to equity ratio has reduced from 100.1% to 36.4% over the past 5 years.
Debt Coverage: APX's debt is well covered by operating cash flow (89.1%).
Interest Coverage: APX's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Apex Mining Co., Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amos Ong | CLSA |