SP New Energy Balance Sheet Health
Financial Health criteria checks 6/6
SP New Energy has a total shareholder equity of ₱42.6B and total debt of ₱3.2B, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₱50.9B and ₱8.3B respectively. SP New Energy's EBIT is ₱253.1M making its interest coverage ratio -7.5. It has cash and short-term investments of ₱7.0B.
Key information
7.6%
Debt to equity ratio
₱3.22b
Debt
| Interest coverage ratio | -7.5x |
| Cash | ₱6.98b |
| Equity | ₱42.60b |
| Total liabilities | ₱8.26b |
| Total assets | ₱50.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPNEC's short term assets (₱7.8B) exceed its short term liabilities (₱1.2B).
Long Term Liabilities: SPNEC's short term assets (₱7.8B) exceed its long term liabilities (₱7.0B).
Debt to Equity History and Analysis
Debt Level: SPNEC has more cash than its total debt.
Reducing Debt: SPNEC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SPNEC's debt is well covered by operating cash flow (43.1%).
Interest Coverage: SPNEC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 21:56 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SP New Energy Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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