Vietnam Electricity Construction Balance Sheet Health
Financial Health criteria checks 1/6
Vietnam Electricity Construction has a total shareholder equity of ₫891.6B and total debt of ₫1,630.3B, which brings its debt-to-equity ratio to 182.8%. Its total assets and total liabilities are ₫3,337.9B and ₫2,446.2B respectively. Vietnam Electricity Construction's EBIT is ₫31.8B making its interest coverage ratio 0.2. It has cash and short-term investments of ₫36.1B.
Key information
182.8%
Debt to equity ratio
₫1.63t
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₫36.11b |
| Equity | ₫891.65b |
| Total liabilities | ₫2.45t |
| Total assets | ₫3.34t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNE's short term assets (₫1,705.7B) do not cover its short term liabilities (₫1,844.0B).
Long Term Liabilities: VNE's short term assets (₫1,705.7B) exceed its long term liabilities (₫602.2B).
Debt to Equity History and Analysis
Debt Level: VNE's net debt to equity ratio (178.8%) is considered high.
Reducing Debt: VNE's debt to equity ratio has increased from 24% to 182.8% 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 (0.2x coverage).