Aboitiz Power Balance Sheet Health
Financial Health criteria checks 3/6
Aboitiz Power has a total shareholder equity of ₱194.0B and total debt of ₱234.2B, which brings its debt-to-equity ratio to 120.8%. Its total assets and total liabilities are ₱487.0B and ₱293.0B respectively. Aboitiz Power's EBIT is ₱31.1B making its interest coverage ratio 2.6. It has cash and short-term investments of ₱54.5B.
Key information
120.8%
Debt to equity ratio
₱234.23b
Debt
Interest coverage ratio | 2.6x |
Cash | ₱54.54b |
Equity | ₱193.97b |
Total liabilities | ₱293.05b |
Total assets | ₱487.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP's short term assets (₱115.8B) exceed its short term liabilities (₱64.6B).
Long Term Liabilities: AP's short term assets (₱115.8B) do not cover its long term liabilities (₱228.4B).
Debt to Equity History and Analysis
Debt Level: AP's net debt to equity ratio (92.6%) is considered high.
Reducing Debt: AP's debt to equity ratio has reduced from 124.2% to 120.8% over the past 5 years.
Debt Coverage: AP's debt is well covered by operating cash flow (21.5%).
Interest Coverage: AP's interest payments on its debt are not well covered by EBIT (2.6x coverage).