Vimeco Balance Sheet Health
Financial Health criteria checks 2/6
Vimeco has a total shareholder equity of ₫353.9B and total debt of ₫547.9B, which brings its debt-to-equity ratio to 154.8%. Its total assets and total liabilities are ₫1,444.7B and ₫1,090.8B respectively. Vimeco's EBIT is ₫43.0B making its interest coverage ratio 1. It has cash and short-term investments of ₫99.6B.
Key information
154.8%
Debt to equity ratio
₫547.93b
Debt
| Interest coverage ratio | 1x |
| Cash | ₫99.62b |
| Equity | ₫353.90b |
| Total liabilities | ₫1.09t |
| Total assets | ₫1.44t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VMC's short term assets (₫1,195.7B) exceed its short term liabilities (₫1,056.1B).
Long Term Liabilities: VMC's short term assets (₫1,195.7B) exceed its long term liabilities (₫34.6B).
Debt to Equity History and Analysis
Debt Level: VMC's net debt to equity ratio (126.7%) is considered high.
Reducing Debt: VMC's debt to equity ratio has increased from 75.5% to 154.8% over the past 5 years.
Debt Coverage: VMC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VMC's interest payments on its debt are not well covered by EBIT (1x coverage).