Refrigeration Electrical Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Refrigeration Electrical Engineering has a total shareholder equity of ₫21,788.0B and total debt of ₫10,587.2B, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are ₫35,648.7B and ₫13,860.7B respectively. Refrigeration Electrical Engineering's EBIT is ₫2,224.2B making its interest coverage ratio 3. It has cash and short-term investments of ₫6,188.1B.
Key information
48.6%
Debt to equity ratio
₫10.59t
Debt
| Interest coverage ratio | 3x |
| Cash | ₫6.19t |
| Equity | ₫21.79t |
| Total liabilities | ₫13.86t |
| Total assets | ₫35.65t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REE's short term assets (₫10,627.1B) exceed its short term liabilities (₫3,497.0B).
Long Term Liabilities: REE's short term assets (₫10,627.1B) exceed its long term liabilities (₫10,363.7B).
Debt to Equity History and Analysis
Debt Level: REE's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: REE's debt to equity ratio has increased from 44.7% to 48.6% over the past 5 years.
Debt Coverage: REE's debt is well covered by operating cash flow (37.9%).
Interest Coverage: REE's interest payments on its debt are well covered by EBIT (3x coverage).