Acen Balance Sheet Health
Financial Health criteria checks 2/6
Acen has a total shareholder equity of ₱160.8B and total debt of ₱110.3B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are ₱309.1B and ₱148.3B respectively. Acen's EBIT is ₱1.6B making its interest coverage ratio -0.3. It has cash and short-term investments of ₱21.8B.
Key information
68.6%
Debt to equity ratio
₱110.35b
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₱21.77b |
| Equity | ₱160.80b |
| Total liabilities | ₱148.29b |
| Total assets | ₱309.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACPI.F's short term assets (₱56.5B) exceed its short term liabilities (₱23.7B).
Long Term Liabilities: ACPI.F's short term assets (₱56.5B) do not cover its long term liabilities (₱124.6B).
Debt to Equity History and Analysis
Debt Level: ACPI.F's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: ACPI.F's debt to equity ratio has increased from 55.3% to 68.6% over the past 5 years.
Debt Coverage: ACPI.F's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: ACPI.F earns more interest than it pays, so coverage of interest payments is not a concern.