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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:13 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Refrigeration Electrical Engineering Corporation is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Duong Tran | Bao Viet Securities Joint Stock Company |
| Linh Luu | BIDV Securities Joint Stock Company |
| Xuan Nguyen | CGS International |