GELEX Group Balance Sheet Health
Financial Health criteria checks 3/6
GELEX Group has a total shareholder equity of ₫22,623.1B and total debt of ₫17,872.4B, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are ₫53,617.0B and ₫30,993.9B respectively. GELEX Group's EBIT is ₫2,666.2B making its interest coverage ratio 2.7. It has cash and short-term investments of ₫8,156.1B.
Key information
79.0%
Debt to equity ratio
₫17.87t
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₫8.16t |
| Equity | ₫22.62t |
| Total liabilities | ₫30.99t |
| Total assets | ₫53.62t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEX's short term assets (₫23,343.4B) exceed its short term liabilities (₫17,467.8B).
Long Term Liabilities: GEX's short term assets (₫23,343.4B) exceed its long term liabilities (₫13,526.1B).
Debt to Equity History and Analysis
Debt Level: GEX's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: GEX's debt to equity ratio has reduced from 116.6% to 79% over the past 5 years.
Debt Coverage: GEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GEX's interest payments on its debt are not well covered by EBIT (2.7x coverage).