Rang Dong Light Source & Vacuum Flask Balance Sheet Health
Financial Health criteria checks 4/6
Rang Dong Light Source & Vacuum Flask has a total shareholder equity of ₫2,974.3B and total debt of ₫3,103.1B, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are ₫7,751.7B and ₫4,777.4B respectively. Rang Dong Light Source & Vacuum Flask's EBIT is ₫720.3B making its interest coverage ratio 7.1. It has cash and short-term investments of ₫802.4B.
Key information
104.3%
Debt to equity ratio
₫3.10t
Debt
Interest coverage ratio | 7.1x |
Cash | ₫802.45b |
Equity | ₫2.97t |
Total liabilities | ₫4.78t |
Total assets | ₫7.75t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAL's short term assets (₫7,310.9B) exceed its short term liabilities (₫4,776.6B).
Long Term Liabilities: RAL's short term assets (₫7,310.9B) exceed its long term liabilities (₫837.5M).
Debt to Equity History and Analysis
Debt Level: RAL's net debt to equity ratio (77.4%) is considered high.
Reducing Debt: RAL's debt to equity ratio has reduced from 152.2% to 104.3% over the past 5 years.
Debt Coverage: RAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RAL's interest payments on its debt are well covered by EBIT (7.1x coverage).