Vietnam Manufacturing and Export Processing (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Vietnam Manufacturing and Export Processing (Holdings) has a total shareholder equity of $51.1M and total debt of $42.8M, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are $106.1M and $55.0M respectively. Vietnam Manufacturing and Export Processing (Holdings)'s EBIT is $1.9M making its interest coverage ratio -2.2. It has cash and short-term investments of $54.0M.
Key information
83.7%
Debt to equity ratio
US$42.78m
Debt
| Interest coverage ratio | -2.2x |
| Cash | US$53.98m |
| Equity | US$51.14m |
| Total liabilities | US$54.97m |
| Total assets | US$106.11m |
Recent financial health updates
Is Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) Using Too Much Debt?
Oct 20
We Think Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) Can Stay On Top Of Its Debt
Jun 07Is Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) A Risky Investment?
Feb 24Is Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) Using Debt In A Risky Way?
Jun 24Recent updates
Vietnam Manufacturing and Export Processing (Holdings) Limited's (HKG:422) Price Is Out Of Tune With Revenues
Mar 14Is Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) Using Too Much Debt?
Oct 20Shareholders Can Be Confident That Vietnam Manufacturing and Export Processing (Holdings)'s (HKG:422) Earnings Are High Quality
Sep 28We Think Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) Can Stay On Top Of Its Debt
Jun 07Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) Is Doing The Right Things To Multiply Its Share Price
May 16Optimistic Investors Push Vietnam Manufacturing and Export Processing (Holdings) Limited (HKG:422) Shares Up 54% But Growth Is Lacking
Apr 18Is Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) A Risky Investment?
Feb 24A Look At The Fair Value Of Vietnam Manufacturing and Export Processing (Holdings) Limited (HKG:422)
Oct 21Is Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) Using Debt In A Risky Way?
Jun 24Financial Position Analysis
Short Term Liabilities: 422's short term assets ($97.6M) exceed its short term liabilities ($52.8M).
Long Term Liabilities: 422's short term assets ($97.6M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: 422 has more cash than its total debt.
Reducing Debt: 422's debt to equity ratio has increased from 23% to 83.7% over the past 5 years.
Debt Coverage: 422's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 422 earns more interest than it pays, so coverage of interest payments is not a concern.