Aboitiz Power Balance Sheet Health
Financial Health criteria checks 3/6
Aboitiz Power has a total shareholder equity of ₱184.8B and total debt of ₱242.6B, which brings its debt-to-equity ratio to 131.3%. Its total assets and total liabilities are ₱489.6B and ₱304.8B respectively. Aboitiz Power's EBIT is ₱31.6B making its interest coverage ratio 2.7. It has cash and short-term investments of ₱53.6B.
Key information
131.3%
Debt to equity ratio
₱242.58b
Debt
Interest coverage ratio | 2.7x |
Cash | ₱53.63b |
Equity | ₱184.77b |
Total liabilities | ₱304.83b |
Total assets | ₱489.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP's short term assets (₱112.9B) exceed its short term liabilities (₱70.0B).
Long Term Liabilities: AP's short term assets (₱112.9B) do not cover its long term liabilities (₱234.9B).
Debt to Equity History and Analysis
Debt Level: AP's net debt to equity ratio (102.3%) is considered high.
Reducing Debt: AP's debt to equity ratio has reduced from 137% to 131.3% over the past 5 years.
Debt Coverage: AP's debt is well covered by operating cash flow (20.5%).
Interest Coverage: AP's interest payments on its debt are not well covered by EBIT (2.7x coverage).