Atlas Consolidated Mining and Development Balance Sheet Health
Financial Health criteria checks 3/6
Atlas Consolidated Mining and Development has a total shareholder equity of ₱44.4B and total debt of ₱16.4B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ₱66.8B and ₱22.4B respectively. Atlas Consolidated Mining and Development's EBIT is ₱2.3B making its interest coverage ratio 2.7. It has cash and short-term investments of ₱815.5M.
Key information
37.0%
Debt to equity ratio
₱16.41b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₱815.46m |
| Equity | ₱44.36b |
| Total liabilities | ₱22.40b |
| Total assets | ₱66.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACMD.Y's short term assets (₱2.9B) do not cover its short term liabilities (₱5.2B).
Long Term Liabilities: ACMD.Y's short term assets (₱2.9B) do not cover its long term liabilities (₱17.2B).
Debt to Equity History and Analysis
Debt Level: ACMD.Y's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: ACMD.Y's debt to equity ratio has reduced from 91.1% to 37% over the past 5 years.
Debt Coverage: ACMD.Y's debt is well covered by operating cash flow (38.8%).
Interest Coverage: ACMD.Y's interest payments on its debt are not well covered by EBIT (2.7x coverage).