Viet Phat Import Export Trading Investment Balance Sheet Health
Financial Health criteria checks 3/6
Viet Phat Import Export Trading Investment has a total shareholder equity of ₫1,496.8B and total debt of ₫2,219.5B, which brings its debt-to-equity ratio to 148.3%. Its total assets and total liabilities are ₫7,256.4B and ₫5,759.6B respectively. Viet Phat Import Export Trading Investment's EBIT is ₫181.9B making its interest coverage ratio 2.1. It has cash and short-term investments of ₫540.4B.
Key information
148.3%
Debt to equity ratio
₫2.22t
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₫540.44b |
| Equity | ₫1.50t |
| Total liabilities | ₫5.76t |
| Total assets | ₫7.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VPG's short term assets (₫6,648.4B) exceed its short term liabilities (₫5,475.6B).
Long Term Liabilities: VPG's short term assets (₫6,648.4B) exceed its long term liabilities (₫284.0B).
Debt to Equity History and Analysis
Debt Level: VPG's net debt to equity ratio (112.2%) is considered high.
Reducing Debt: VPG's debt to equity ratio has reduced from 250.8% to 148.3% over the past 5 years.
Debt Coverage: VPG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VPG's interest payments on its debt are not well covered by EBIT (2.1x coverage).