Vinacomin - Machinery Balance Sheet Health
Financial Health criteria checks 4/6
Vinacomin - Machinery has a total shareholder equity of ₫66.7B and total debt of ₫44.9B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are ₫689.3B and ₫622.6B respectively. Vinacomin - Machinery's EBIT is ₫24.9B making its interest coverage ratio 3.9. It has cash and short-term investments of ₫10.2B.
Key information
67.3%
Debt to equity ratio
₫44.87b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₫10.24b |
| Equity | ₫66.71b |
| Total liabilities | ₫622.60b |
| Total assets | ₫689.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTT's short term assets (₫573.2B) do not cover its short term liabilities (₫603.9B).
Long Term Liabilities: CTT's short term assets (₫573.2B) exceed its long term liabilities (₫18.6B).
Debt to Equity History and Analysis
Debt Level: CTT's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: CTT's debt to equity ratio has reduced from 326.5% to 67.3% over the past 5 years.
Debt Coverage: CTT's debt is well covered by operating cash flow (229.6%).
Interest Coverage: CTT's interest payments on its debt are well covered by EBIT (3.9x coverage).