Aboitiz Equity Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Aboitiz Equity Ventures has a total shareholder equity of ₱391.9B and total debt of ₱370.8B, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are ₱844.9B and ₱453.0B respectively. Aboitiz Equity Ventures's EBIT is ₱46.6B making its interest coverage ratio 2.5. It has cash and short-term investments of ₱79.9B.
Key information
94.6%
Debt to equity ratio
₱370.77b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₱79.91b |
| Equity | ₱391.86b |
| Total liabilities | ₱453.02b |
| Total assets | ₱844.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABTZ.Y's short term assets (₱215.1B) exceed its short term liabilities (₱116.1B).
Long Term Liabilities: ABTZ.Y's short term assets (₱215.1B) do not cover its long term liabilities (₱336.9B).
Debt to Equity History and Analysis
Debt Level: ABTZ.Y's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: ABTZ.Y's debt to equity ratio has reduced from 124.9% to 94.6% over the past 5 years.
Debt Coverage: ABTZ.Y's debt is not well covered by operating cash flow (17%).
Interest Coverage: ABTZ.Y's interest payments on its debt are not well covered by EBIT (2.5x coverage).