GELEX Group Balance Sheet Health
Financial Health criteria checks 4/6
GELEX Group has a total shareholder equity of ₫21,434.3B and total debt of ₫20,047.9B, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are ₫53,893.3B and ₫32,459.1B respectively. GELEX Group's EBIT is ₫2,767.2B making its interest coverage ratio 2.2. It has cash and short-term investments of ₫6,398.3B.
Key information
93.5%
Debt to equity ratio
₫20.05t
Debt
Interest coverage ratio | 2.2x |
Cash | ₫6.40t |
Equity | ₫21.43t |
Total liabilities | ₫32.46t |
Total assets | ₫53.89t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEX's short term assets (₫19,474.6B) exceed its short term liabilities (₫16,756.1B).
Long Term Liabilities: GEX's short term assets (₫19,474.6B) exceed its long term liabilities (₫15,703.0B).
Debt to Equity History and Analysis
Debt Level: GEX's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: GEX's debt to equity ratio has reduced from 104.3% to 93.5% over the past 5 years.
Debt Coverage: GEX's debt is well covered by operating cash flow (23.7%).
Interest Coverage: GEX's interest payments on its debt are not well covered by EBIT (2.2x coverage).