MacroAsia Balance Sheet Health
Financial Health criteria checks 6/6
MacroAsia has a total shareholder equity of ₱6.5B and total debt of ₱1.0B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ₱12.7B and ₱6.2B respectively. MacroAsia's EBIT is ₱656.5M making its interest coverage ratio 5. It has cash and short-term investments of ₱1.1B.
Key information
16.1%
Debt to equity ratio
₱1.04b
Debt
Interest coverage ratio | 5x |
Cash | ₱1.06b |
Equity | ₱6.49b |
Total liabilities | ₱6.21b |
Total assets | ₱12.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAC's short term assets (₱4.2B) exceed its short term liabilities (₱3.3B).
Long Term Liabilities: MAC's short term assets (₱4.2B) exceed its long term liabilities (₱2.9B).
Debt to Equity History and Analysis
Debt Level: MAC has more cash than its total debt.
Reducing Debt: MAC's debt to equity ratio has reduced from 19.7% to 16.1% over the past 5 years.
Debt Coverage: MAC's debt is well covered by operating cash flow (78%).
Interest Coverage: MAC's interest payments on its debt are well covered by EBIT (5x coverage).