Vietnam Electricity Construction Joint Stock Corporation

HOSE:VNE Stock Report

Market Cap: ₫449.7b

Vietnam Electricity Construction Balance Sheet Health

Financial Health criteria checks 2/6

Vietnam Electricity Construction has a total shareholder equity of ₫1,008.1B and total debt of ₫1,782.3B, which brings its debt-to-equity ratio to 176.8%. Its total assets and total liabilities are ₫3,587.8B and ₫2,579.7B respectively. Vietnam Electricity Construction's EBIT is ₫97.4B making its interest coverage ratio 0.9. It has cash and short-term investments of ₫52.9B.

Key information


Debt to equity ratio



Interest coverage ratio0.9x
Total liabilities₫2.58t
Total assets₫3.59t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: VNE's short term assets (₫1,812.9B) exceed its short term liabilities (₫1,783.0B).

Long Term Liabilities: VNE's short term assets (₫1,812.9B) exceed its long term liabilities (₫796.8B).

Debt to Equity History and Analysis

Debt Level: VNE's net debt to equity ratio (171.6%) is considered high.

Reducing Debt: VNE's debt to equity ratio has increased from 19.2% to 176.8% 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).

Balance Sheet

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