Megaworld Balance Sheet Health
Financial Health criteria checks 4/6
Megaworld has a total shareholder equity of ₱265.0B and total debt of ₱116.2B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ₱457.6B and ₱192.6B respectively. Megaworld's EBIT is ₱27.6B making its interest coverage ratio 90.5. It has cash and short-term investments of ₱34.4B.
Key information
43.8%
Debt to equity ratio
₱116.18b
Debt
Interest coverage ratio | 90.5x |
Cash | ₱34.36b |
Equity | ₱265.03b |
Total liabilities | ₱192.60b |
Total assets | ₱457.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEG's short term assets (₱253.7B) exceed its short term liabilities (₱77.6B).
Long Term Liabilities: MEG's short term assets (₱253.7B) exceed its long term liabilities (₱115.0B).
Debt to Equity History and Analysis
Debt Level: MEG's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: MEG's debt to equity ratio has increased from 38.5% to 43.8% over the past 5 years.
Debt Coverage: MEG's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: MEG's interest payments on its debt are well covered by EBIT (90.5x coverage).