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
176.8%
Debt to equity ratio
₫1.78t
Debt
Interest coverage ratio | 0.9x |
Cash | ₫52.95b |
Equity | ₫1.01t |
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).