CMC Investment JSC Balance Sheet Health
Financial Health criteria checks 2/6
CMC Investment JSC has a total shareholder equity of ₫63.6B and total debt of ₫84.4B, which brings its debt-to-equity ratio to 132.7%. Its total assets and total liabilities are ₫162.1B and ₫98.5B respectively. CMC Investment JSC's EBIT is ₫1.1B making its interest coverage ratio 1.3. It has cash and short-term investments of ₫28.4B.
Key information
132.7%
Debt to equity ratio
₫84.41b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₫28.43b |
| Equity | ₫63.60b |
| Total liabilities | ₫98.54b |
| Total assets | ₫162.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMC's short term assets (₫102.4B) exceed its short term liabilities (₫88.9B).
Long Term Liabilities: CMC's short term assets (₫102.4B) exceed its long term liabilities (₫9.6B).
Debt to Equity History and Analysis
Debt Level: CMC's net debt to equity ratio (88%) is considered high.
Reducing Debt: CMC's debt to equity ratio has increased from 59.7% to 132.7% over the past 5 years.
Debt Coverage: CMC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CMC's interest payments on its debt are not well covered by EBIT (1.3x coverage).