Aboitiz Power Balance Sheet Health
Financial Health criteria checks 3/6
Aboitiz Power has a total shareholder equity of ₱197.8B and total debt of ₱243.9B, which brings its debt-to-equity ratio to 123.3%. Its total assets and total liabilities are ₱503.3B and ₱305.5B respectively. Aboitiz Power's EBIT is ₱33.1B making its interest coverage ratio 2.8. It has cash and short-term investments of ₱52.5B.
Key information
123.3%
Debt to equity ratio
₱243.87b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₱52.47b |
| Equity | ₱197.77b |
| Total liabilities | ₱305.50b |
| Total assets | ₱503.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABZP.Y's short term assets (₱115.1B) exceed its short term liabilities (₱69.5B).
Long Term Liabilities: ABZP.Y's short term assets (₱115.1B) do not cover its long term liabilities (₱236.0B).
Debt to Equity History and Analysis
Debt Level: ABZP.Y's net debt to equity ratio (96.8%) is considered high.
Reducing Debt: ABZP.Y's debt to equity ratio has reduced from 151% to 123.3% over the past 5 years.
Debt Coverage: ABZP.Y's debt is well covered by operating cash flow (21.4%).
Interest Coverage: ABZP.Y's interest payments on its debt are not well covered by EBIT (2.8x coverage).