Aboitiz Equity Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Aboitiz Equity Ventures has a total shareholder equity of ₱375.3B and total debt of ₱372.6B, which brings its debt-to-equity ratio to 99.3%. Its total assets and total liabilities are ₱833.9B and ₱458.5B respectively. Aboitiz Equity Ventures's EBIT is ₱38.1B making its interest coverage ratio 2.3. It has cash and short-term investments of ₱113.8B.
Key information
99.3%
Debt to equity ratio
₱372.62b
Debt
Interest coverage ratio | 2.3x |
Cash | ₱113.84b |
Equity | ₱375.35b |
Total liabilities | ₱458.53b |
Total assets | ₱833.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABTZ.Y's short term assets (₱254.4B) exceed its short term liabilities (₱113.9B).
Long Term Liabilities: ABTZ.Y's short term assets (₱254.4B) do not cover its long term liabilities (₱344.6B).
Debt to Equity History and Analysis
Debt Level: ABTZ.Y's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: ABTZ.Y's debt to equity ratio has reduced from 109.1% to 99.3% over the past 5 years.
Debt Coverage: ABTZ.Y's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: ABTZ.Y's interest payments on its debt are not well covered by EBIT (2.3x coverage).