VC9 - No 9 Construction Join Stock Company

HNX:VC9 Stock Report

Market Cap: ₫76.8b

VC9 - No 9 Construction Join Stock Balance Sheet Health

Financial Health criteria checks 2/6

VC9 - No 9 Construction Join Stock has a total shareholder equity of ₫62.6B and total debt of ₫201.6B, which brings its debt-to-equity ratio to 321.8%. Its total assets and total liabilities are ₫999.6B and ₫937.0B respectively. VC9 - No 9 Construction Join Stock's EBIT is ₫20.0B making its interest coverage ratio 1.1. It has cash and short-term investments of ₫20.1B.

Key information

321.8%

Debt to equity ratio

₫201.60b

Debt

Interest coverage ratio1.1x
Cash₫20.06b
Equity₫62.64b
Total liabilities₫936.97b
Total assets₫999.61b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: VC9's short term assets (₫788.9B) exceed its short term liabilities (₫753.0B).

Long Term Liabilities: VC9's short term assets (₫788.9B) exceed its long term liabilities (₫184.0B).


Debt to Equity History and Analysis

Debt Level: VC9's net debt to equity ratio (289.8%) is considered high.

Reducing Debt: VC9's debt to equity ratio has increased from 259.4% to 321.8% over the past 5 years.

Debt Coverage: VC9's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: VC9's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


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