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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:55 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
VC9 - No 9 Construction Join Stock Company is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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