Aboitiz Power Balance Sheet Health
Financial Health criteria checks 4/6
Aboitiz Power has a total shareholder equity of ₱205.6B and total debt of ₱236.7B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are ₱497.3B and ₱291.7B respectively. Aboitiz Power's EBIT is ₱37.6B making its interest coverage ratio 3.1. It has cash and short-term investments of ₱59.2B.
Key information
115.1%
Debt to equity ratio
₱236.69b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₱59.16b |
| Equity | ₱205.61b |
| Total liabilities | ₱291.70b |
| Total assets | ₱497.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP's short term assets (₱116.1B) exceed its short term liabilities (₱64.0B).
Long Term Liabilities: AP's short term assets (₱116.1B) do not cover its long term liabilities (₱227.7B).
Debt to Equity History and Analysis
Debt Level: AP's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: AP's debt to equity ratio has reduced from 144% to 115.1% over the past 5 years.
Debt Coverage: AP's debt is well covered by operating cash flow (20.7%).
Interest Coverage: AP's interest payments on its debt are well covered by EBIT (3.1x coverage).