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 ratio | 1.1x |
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).