Atlas Consolidated Mining and Development Balance Sheet Health
Financial Health criteria checks 4/6
Atlas Consolidated Mining and Development has a total shareholder equity of ₱45.3B and total debt of ₱16.4B, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are ₱68.2B and ₱22.9B respectively. Atlas Consolidated Mining and Development's EBIT is ₱2.0B making its interest coverage ratio 3.5. It has cash and short-term investments of ₱2.0B.
Key information
36.2%
Debt to equity ratio
₱16.43b
Debt
Interest coverage ratio | 3.5x |
Cash | ₱2.05b |
Equity | ₱45.34b |
Total liabilities | ₱22.89b |
Total assets | ₱68.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AT's short term assets (₱3.9B) do not cover its short term liabilities (₱6.3B).
Long Term Liabilities: AT's short term assets (₱3.9B) do not cover its long term liabilities (₱16.6B).
Debt to Equity History and Analysis
Debt Level: AT's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: AT's debt to equity ratio has reduced from 97.1% to 36.2% over the past 5 years.
Debt Coverage: AT's debt is well covered by operating cash flow (26%).
Interest Coverage: AT's interest payments on its debt are well covered by EBIT (3.5x coverage).