MRC Allied Balance Sheet Health
Financial Health criteria checks 0/6
MRC Allied has a total shareholder equity of ₱1.2B and total debt of ₱602.9M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are ₱2.8B and ₱1.6B respectively.
Key information
50.6%
Debt to equity ratio
₱602.95m
Debt
Interest coverage ratio | n/a |
Cash | ₱480.66k |
Equity | ₱1.19b |
Total liabilities | ₱1.57b |
Total assets | ₱2.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRC's short term assets (₱239.0M) do not cover its short term liabilities (₱1.1B).
Long Term Liabilities: MRC's short term assets (₱239.0M) do not cover its long term liabilities (₱442.6M).
Debt to Equity History and Analysis
Debt Level: MRC's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: MRC's debt to equity ratio has increased from 44.8% to 50.6% over the past 5 years.
Debt Coverage: MRC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MRC's interest payments on its debt are well covered by EBIT.