Vinacomin - Machinery Balance Sheet Health
Financial Health criteria checks 3/6
Vinacomin - Machinery has a total shareholder equity of ₫69.5B and total debt of ₫162.6B, which brings its debt-to-equity ratio to 234.1%. Its total assets and total liabilities are ₫728.1B and ₫658.6B respectively. Vinacomin - Machinery's EBIT is ₫25.0B making its interest coverage ratio 2.5. It has cash and short-term investments of ₫2.6B.
Key information
234.1%
Debt to equity ratio
₫162.62b
Debt
Interest coverage ratio | 2.5x |
Cash | ₫2.61b |
Equity | ₫69.48b |
Total liabilities | ₫658.61b |
Total assets | ₫728.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTT's short term assets (₫585.6B) do not cover its short term liabilities (₫635.5B).
Long Term Liabilities: CTT's short term assets (₫585.6B) exceed its long term liabilities (₫23.1B).
Debt to Equity History and Analysis
Debt Level: CTT's net debt to equity ratio (230.3%) is considered high.
Reducing Debt: CTT's debt to equity ratio has reduced from 358.1% to 234.1% over the past 5 years.
Debt Coverage: CTT's debt is well covered by operating cash flow (36.6%).
Interest Coverage: CTT's interest payments on its debt are not well covered by EBIT (2.5x coverage).