Refrigeration Electrical Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Refrigeration Electrical Engineering has a total shareholder equity of ₫20,854.4B and total debt of ₫10,697.0B, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are ₫35,140.8B and ₫14,286.4B respectively. Refrigeration Electrical Engineering's EBIT is ₫2,447.7B making its interest coverage ratio 3.7. It has cash and short-term investments of ₫4,579.3B.
Key information
51.3%
Debt to equity ratio
₫10.70t
Debt
Interest coverage ratio | 3.7x |
Cash | ₫4.58t |
Equity | ₫20.85t |
Total liabilities | ₫14.29t |
Total assets | ₫35.14t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REE's short term assets (₫9,985.3B) exceed its short term liabilities (₫4,014.0B).
Long Term Liabilities: REE's short term assets (₫9,985.3B) do not cover its long term liabilities (₫10,272.4B).
Debt to Equity History and Analysis
Debt Level: REE's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: REE's debt to equity ratio has reduced from 52.4% to 51.3% over the past 5 years.
Debt Coverage: REE's debt is well covered by operating cash flow (31.5%).
Interest Coverage: REE's interest payments on its debt are well covered by EBIT (3.7x coverage).