Megaworld Balance Sheet Health
Financial Health criteria checks 5/6
Megaworld has a total shareholder equity of ₱260.7B and total debt of ₱104.1B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are ₱440.6B and ₱179.9B respectively. Megaworld's EBIT is ₱25.9B making its interest coverage ratio 579.2. It has cash and short-term investments of ₱25.6B.
Key information
40.0%
Debt to equity ratio
₱104.14b
Debt
Interest coverage ratio | 579.2x |
Cash | ₱25.56b |
Equity | ₱260.67b |
Total liabilities | ₱179.90b |
Total assets | ₱440.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGAW.Y's short term assets (₱238.6B) exceed its short term liabilities (₱76.4B).
Long Term Liabilities: MGAW.Y's short term assets (₱238.6B) exceed its long term liabilities (₱103.5B).
Debt to Equity History and Analysis
Debt Level: MGAW.Y's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: MGAW.Y's debt to equity ratio has reduced from 40.7% to 40% over the past 5 years.
Debt Coverage: MGAW.Y's debt is not well covered by operating cash flow (4%).
Interest Coverage: MGAW.Y's interest payments on its debt are well covered by EBIT (579.2x coverage).