Vietnam Electricity Construction Balance Sheet Health
Financial Health criteria checks 1/6
Vietnam Electricity Construction has a total shareholder equity of ₫1,006.6B and total debt of ₫1,802.0B, which brings its debt-to-equity ratio to 179%. Its total assets and total liabilities are ₫3,754.4B and ₫2,747.8B respectively. Vietnam Electricity Construction's EBIT is ₫101.7B making its interest coverage ratio 0.9. It has cash and short-term investments of ₫75.4B.
Key information
179.0%
Debt to equity ratio
₫1.80t
Debt
Interest coverage ratio | 0.9x |
Cash | ₫75.40b |
Equity | ₫1.01t |
Total liabilities | ₫2.75t |
Total assets | ₫3.75t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNE's short term assets (₫1,968.4B) do not cover its short term liabilities (₫2,001.2B).
Long Term Liabilities: VNE's short term assets (₫1,968.4B) exceed its long term liabilities (₫746.6B).
Debt to Equity History and Analysis
Debt Level: VNE's net debt to equity ratio (171.5%) is considered high.
Reducing Debt: VNE's debt to equity ratio has increased from 16.7% to 179% over the past 5 years.
Debt Coverage: VNE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VNE's interest payments on its debt are not well covered by EBIT (0.9x coverage).