Manila Electric Co
Manila Electric Co operates in Environmental & Facilities Services.
Manila Electric Co (MER) - Total Assets
Latest total assets as of June 2023: ₱513.46 Billion PHP
Based on the latest financial reports, Manila Electric Co (MER) holds total assets worth ₱513.46 Billion PHP as of June 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Manila Electric Co - Total Assets Trend (2014–2022)
This chart illustrates how Manila Electric Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Manila Electric Co - Asset Composition Analysis
Current Asset Composition (December 2022)
Manila Electric Co's total assets of ₱513.46 Billion consist of 29.7% current assets and 70.3% non-current assets.
| Asset Category | Amount (PHP) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₱38.63 Billion | 3.3% |
| Accounts Receivable | ₱45.36 Billion | 8.7% |
| Inventory | ₱10.63 Billion | 2.1% |
| Property, Plant & Equipment | ₱75.84 Billion | 14.6% |
| Intangible Assets | ₱21.53 Billion | 4.2% |
| Goodwill | ₱35.00 Million | 0.0% |
Asset Composition Trend (2014–2022)
This chart illustrates how Manila Electric Co's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Manila Electric Co's current assets represent 29.7% of total assets in 2022, a decrease from 41.9% in 2014.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2022, down from 23.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 14.6% of total assets.
Manila Electric Co Competitors by Total Assets
Key competitors of Manila Electric Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alsons Consolidated Resources Inc
PSE:ACR
|
Philippines | ₱47.48 Billion |
|
Vivant Corp
PSE:VVT
|
Philippines | ₱28.44 Billion |
|
SDN Company. Ltd
KQ:099220
|
Korea | ₩159.08 Billion |
|
AC Energy Philippines Inc
PSE:ACEN
|
Philippines | ₱242.74 Billion |
|
Altern Energy Ltd
KAR:ALTN
|
Pakistan | PKRs33.51 Billion |
|
Aboitiz Power Corp
PSE:AP
|
Philippines | ₱478.55 Billion |
|
Entergy New Orleans LLC Pref
NYSE:ENO
|
USA | $4.55 Billion |
|
Engro Powergen Qadirpur Ltd
KAR:EPQL
|
Pakistan | PKRs23.07 Billion |
Manila Electric Co - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Manila Electric Co generates 0.82x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Manila Electric Co generates $5.48 in net profit.
Manila Electric Co - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.78 | 0.85 | 0.94 |
| Quick Ratio | 0.73 | 0.79 | 0.91 |
| Cash Ratio | 0.23 | 0.19 | 0.00 |
| Working Capital | ₱-41.25 Billion | ₱ -24.66 Billion | ₱ -6.33 Billion |
Manila Electric Co - Advanced Valuation Insights
This section examines the relationship between Manila Electric Co's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 7.4% |
| Total Assets | ₱519.26 Billion |
| Market Capitalization | $95.40K USD |
Valuation Analysis
Below Book Valuation: The market values Manila Electric Co's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Manila Electric Co's assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Manila Electric Co (2014–2022)
The table below shows the annual total assets of Manila Electric Co from 2014 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | ₱519.26 Billion | +7.40% |
| 2021-12-31 | ₱483.48 Billion | +23.88% |
| 2020-12-31 | ₱390.27 Billion | +9.31% |
| 2019-12-31 | ₱357.02 Billion | +6.18% |
| 2018-12-31 | ₱336.25 Billion | +10.84% |
| 2017-12-31 | ₱303.36 Billion | +2.47% |
| 2016-12-31 | ₱296.04 Billion | +4.89% |
| 2015-12-31 | ₱282.24 Billion | +4.90% |
| 2014-12-31 | ₱269.05 Billion | -- |