Vicem Energy and Environment Balance Sheet Health
Financial Health criteria checks 4/6
Vicem Energy and Environment has a total shareholder equity of ₫409.3B and total debt of ₫487.7B, which brings its debt-to-equity ratio to 119.2%. Its total assets and total liabilities are ₫1,001.7B and ₫592.5B respectively. Vicem Energy and Environment's EBIT is ₫48.6B making its interest coverage ratio 1.3. It has cash and short-term investments of ₫10.8B.
Key information
119.2%
Debt to equity ratio
₫487.70b
Debt
Interest coverage ratio | 1.3x |
Cash | ₫10.77b |
Equity | ₫409.27b |
Total liabilities | ₫592.47b |
Total assets | ₫1.00t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTV's short term assets (₫779.2B) exceed its short term liabilities (₫545.7B).
Long Term Liabilities: VTV's short term assets (₫779.2B) exceed its long term liabilities (₫46.8B).
Debt to Equity History and Analysis
Debt Level: VTV's net debt to equity ratio (116.5%) is considered high.
Reducing Debt: VTV's debt to equity ratio has reduced from 216.6% to 119.2% over the past 5 years.
Debt Coverage: VTV's debt is well covered by operating cash flow (53.5%).
Interest Coverage: VTV's interest payments on its debt are not well covered by EBIT (1.3x coverage).