Manila Electric Balance Sheet Health
Financial Health criteria checks 3/6
Manila Electric has a total shareholder equity of ₱167.3B and total debt of ₱99.4B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are ₱586.0B and ₱418.7B respectively. Manila Electric's EBIT is ₱43.2B making its interest coverage ratio 31.3. It has cash and short-term investments of ₱90.3B.
Key information
59.4%
Debt to equity ratio
₱99.45b
Debt
Interest coverage ratio | 31.3x |
Cash | ₱90.33b |
Equity | ₱167.32b |
Total liabilities | ₱418.72b |
Total assets | ₱586.04b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAEO.Y's short term assets (₱162.8B) do not cover its short term liabilities (₱233.3B).
Long Term Liabilities: MAEO.Y's short term assets (₱162.8B) do not cover its long term liabilities (₱185.5B).
Debt to Equity History and Analysis
Debt Level: MAEO.Y's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: MAEO.Y's debt to equity ratio has increased from 48.3% to 59.4% over the past 5 years.
Debt Coverage: MAEO.Y's debt is well covered by operating cash flow (58.3%).
Interest Coverage: MAEO.Y's interest payments on its debt are well covered by EBIT (31.3x coverage).