Binh Minh Plastics Balance Sheet Health
Financial Health criteria checks 6/6
Binh Minh Plastics has a total shareholder equity of ₫2,651.0B and total debt of ₫55.0B, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₫3,085.2B and ₫434.2B respectively. Binh Minh Plastics's EBIT is ₫1,205.5B making its interest coverage ratio -12.5. It has cash and short-term investments of ₫1,752.7B.
Key information
2.1%
Debt to equity ratio
₫55.00b
Debt
Interest coverage ratio | -12.5x |
Cash | ₫1.75t |
Equity | ₫2.65t |
Total liabilities | ₫434.18b |
Total assets | ₫3.09t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMP's short term assets (₫2,467.5B) exceed its short term liabilities (₫416.1B).
Long Term Liabilities: BMP's short term assets (₫2,467.5B) exceed its long term liabilities (₫18.1B).
Debt to Equity History and Analysis
Debt Level: BMP has more cash than its total debt.
Reducing Debt: BMP's debt to equity ratio has reduced from 2.4% to 2.1% over the past 5 years.
Debt Coverage: BMP's debt is well covered by operating cash flow (1247.3%).
Interest Coverage: BMP earns more interest than it pays, so coverage of interest payments is not a concern.