Vietnam Electric Cable Balance Sheet Health
Financial Health criteria checks 4/6
Vietnam Electric Cable has a total shareholder equity of ₫1,443.4B and total debt of ₫1,675.3B, which brings its debt-to-equity ratio to 116.1%. Its total assets and total liabilities are ₫3,883.2B and ₫2,439.8B respectively. Vietnam Electric Cable's EBIT is ₫753.7B making its interest coverage ratio 6.7. It has cash and short-term investments of ₫111.6B.
Key information
116.1%
Debt to equity ratio
₫1.68t
Debt
Interest coverage ratio | 6.7x |
Cash | ₫111.62b |
Equity | ₫1.44t |
Total liabilities | ₫2.44t |
Total assets | ₫3.88t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAV's short term assets (₫2,515.9B) exceed its short term liabilities (₫2,203.6B).
Long Term Liabilities: CAV's short term assets (₫2,515.9B) exceed its long term liabilities (₫236.2B).
Debt to Equity History and Analysis
Debt Level: CAV's net debt to equity ratio (108.3%) is considered high.
Reducing Debt: CAV's debt to equity ratio has increased from 62% to 116.1% over the past 5 years.
Debt Coverage: CAV's debt is well covered by operating cash flow (68.8%).
Interest Coverage: CAV's interest payments on its debt are well covered by EBIT (6.7x coverage).