Petroleum Mechanical Stock Balance Sheet Health
Financial Health criteria checks 6/6
Petroleum Mechanical Stock has a total shareholder equity of ₫159.6B and total debt of ₫31.2B, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ₫344.5B and ₫184.9B respectively. Petroleum Mechanical Stock's EBIT is ₫34.1B making its interest coverage ratio 10.8. It has cash and short-term investments of ₫21.2B.
Key information
19.6%
Debt to equity ratio
₫31.21b
Debt
| Interest coverage ratio | 10.8x |
| Cash | ₫21.18b |
| Equity | ₫159.62b |
| Total liabilities | ₫184.85b |
| Total assets | ₫344.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMS's short term assets (₫227.3B) exceed its short term liabilities (₫182.2B).
Long Term Liabilities: PMS's short term assets (₫227.3B) exceed its long term liabilities (₫2.6B).
Debt to Equity History and Analysis
Debt Level: PMS's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: PMS's debt to equity ratio has reduced from 40.8% to 19.6% over the past 5 years.
Debt Coverage: PMS's debt is well covered by operating cash flow (132.2%).
Interest Coverage: PMS's interest payments on its debt are well covered by EBIT (10.8x coverage).