Vinacontrol Group Balance Sheet Health
Financial Health criteria checks 6/6
Vinacontrol Group has a total shareholder equity of ₫295.9B and total debt of ₫1.2B, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₫424.7B and ₫128.8B respectively. Vinacontrol Group's EBIT is ₫44.2B making its interest coverage ratio -15.6. It has cash and short-term investments of ₫160.6B.
Key information
0.4%
Debt to equity ratio
₫1.21b
Debt
| Interest coverage ratio | -15.6x |
| Cash | ₫160.56b |
| Equity | ₫295.87b |
| Total liabilities | ₫128.84b |
| Total assets | ₫424.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNC's short term assets (₫268.4B) exceed its short term liabilities (₫127.6B).
Long Term Liabilities: VNC's short term assets (₫268.4B) exceed its long term liabilities (₫1.2B).
Debt to Equity History and Analysis
Debt Level: VNC has more cash than its total debt.
Reducing Debt: VNC's debt to equity ratio has reduced from 11.4% to 0.4% over the past 5 years.
Debt Coverage: VNC's debt is well covered by operating cash flow (4999.5%).
Interest Coverage: VNC earns more interest than it pays, so coverage of interest payments is not a concern.