Vina2 Invest and Construction Balance Sheet Health
Financial Health criteria checks 3/6
Vina2 Invest and Construction has a total shareholder equity of ₫688.9B and total debt of ₫784.0B, which brings its debt-to-equity ratio to 113.8%. Its total assets and total liabilities are ₫2,548.4B and ₫1,859.5B respectively. Vina2 Invest and Construction's EBIT is ₫53.1B making its interest coverage ratio 1.4. It has cash and short-term investments of ₫268.2B.
Key information
113.8%
Debt to equity ratio
₫784.04b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₫268.23b |
| Equity | ₫688.90b |
| Total liabilities | ₫1.86t |
| Total assets | ₫2.55t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VC2's short term assets (₫1,949.1B) exceed its short term liabilities (₫1,649.9B).
Long Term Liabilities: VC2's short term assets (₫1,949.1B) exceed its long term liabilities (₫209.6B).
Debt to Equity History and Analysis
Debt Level: VC2's net debt to equity ratio (74.9%) is considered high.
Reducing Debt: VC2's debt to equity ratio has reduced from 199.2% to 113.8% over the past 5 years.
Debt Coverage: VC2's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VC2's interest payments on its debt are not well covered by EBIT (1.4x coverage).