Repower Energy Development Balance Sheet Health
Financial Health criteria checks 1/6
Repower Energy Development has a total shareholder equity of ₱2.1B and total debt of ₱1.8B, which brings its debt-to-equity ratio to 84.2%. Its total assets and total liabilities are ₱5.4B and ₱3.3B respectively. Repower Energy Development's EBIT is ₱231.7M making its interest coverage ratio 3.3. It has cash and short-term investments of ₱44.9M.
Key information
84.2%
Debt to equity ratio
₱1.78b
Debt
Interest coverage ratio | 3.3x |
Cash | ₱44.89m |
Equity | ₱2.12b |
Total liabilities | ₱3.30b |
Total assets | ₱5.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REDC's short term assets (₱976.8M) do not cover its short term liabilities (₱1.5B).
Long Term Liabilities: REDC's short term assets (₱976.8M) do not cover its long term liabilities (₱1.8B).
Debt to Equity History and Analysis
Debt Level: REDC's net debt to equity ratio (82.1%) is considered high.
Reducing Debt: Insufficient data to determine if REDC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: REDC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: REDC's interest payments on its debt are well covered by EBIT (3.3x coverage).