Manila Water Company Balance Sheet Health
Financial Health criteria checks 1/6
Manila Water Company has a total shareholder equity of ₱70.1B and total debt of ₱99.4B, which brings its debt-to-equity ratio to 141.7%. Its total assets and total liabilities are ₱209.7B and ₱139.6B respectively. Manila Water Company's EBIT is ₱15.6B making its interest coverage ratio 4.5. It has cash and short-term investments of ₱10.8B.
Key information
141.7%
Debt to equity ratio
₱99.38b
Debt
Interest coverage ratio | 4.5x |
Cash | ₱10.75b |
Equity | ₱70.12b |
Total liabilities | ₱139.57b |
Total assets | ₱209.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWC's short term assets (₱16.1B) do not cover its short term liabilities (₱37.6B).
Long Term Liabilities: MWC's short term assets (₱16.1B) do not cover its long term liabilities (₱101.9B).
Debt to Equity History and Analysis
Debt Level: MWC's net debt to equity ratio (126.4%) is considered high.
Reducing Debt: MWC's debt to equity ratio has increased from 96.3% to 141.7% over the past 5 years.
Debt Coverage: MWC's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: MWC's interest payments on its debt are well covered by EBIT (4.5x coverage).