Philex Mining Balance Sheet Health
Financial Health criteria checks 3/6
Philex Mining has a total shareholder equity of ₱32.2B and total debt of ₱15.6B, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are ₱52.6B and ₱20.4B respectively. Philex Mining's EBIT is ₱807.4M making its interest coverage ratio 47.1. It has cash and short-term investments of ₱5.6B.
Key information
48.5%
Debt to equity ratio
₱15.63b
Debt
| Interest coverage ratio | 47.1x |
| Cash | ₱5.55b |
| Equity | ₱32.22b |
| Total liabilities | ₱20.42b |
| Total assets | ₱52.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PX's short term assets (₱9.0B) exceed its short term liabilities (₱6.1B).
Long Term Liabilities: PX's short term assets (₱9.0B) do not cover its long term liabilities (₱14.3B).
Debt to Equity History and Analysis
Debt Level: PX's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: PX's debt to equity ratio has increased from 42.6% to 48.5% over the past 5 years.
Debt Coverage: PX's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: PX's interest payments on its debt are well covered by EBIT (47.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 07:53 |
| End of Day Share Price | 2024/12/27 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
Philex Mining Corporation is covered by 8 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 |
| Sue Lin Lim | CLSA |
| null null | CLSA |