Manila Water Company Balance Sheet Health
Financial Health criteria checks 1/6
Manila Water Company has a total shareholder equity of ₱73.6B and total debt of ₱103.9B, which brings its debt-to-equity ratio to 141.1%. Its total assets and total liabilities are ₱218.9B and ₱145.3B respectively. Manila Water Company's EBIT is ₱18.0B making its interest coverage ratio 5.4. It has cash and short-term investments of ₱8.0B.
Key information
141.1%
Debt to equity ratio
₱103.91b
Debt
| Interest coverage ratio | 5.4x |
| Cash | ₱8.03b |
| Equity | ₱73.63b |
| Total liabilities | ₱145.31b |
| Total assets | ₱218.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWC's short term assets (₱15.6B) do not cover its short term liabilities (₱36.8B).
Long Term Liabilities: MWC's short term assets (₱15.6B) do not cover its long term liabilities (₱108.5B).
Debt to Equity History and Analysis
Debt Level: MWC's net debt to equity ratio (130.2%) is considered high.
Reducing Debt: MWC's debt to equity ratio has increased from 90.9% to 141.1% over the past 5 years.
Debt Coverage: MWC's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: MWC's interest payments on its debt are well covered by EBIT (5.4x coverage).