Song Hong Garment Balance Sheet Health
Financial Health criteria checks 4/6
Song Hong Garment has a total shareholder equity of ₫2,145.1B and total debt of ₫1,340.8B, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are ₫4,356.7B and ₫2,211.5B respectively. Song Hong Garment's EBIT is ₫305.3B making its interest coverage ratio -4. It has cash and short-term investments of ₫1,567.4B.
Key information
62.5%
Debt to equity ratio
₫1.34t
Debt
| Interest coverage ratio | -4x |
| Cash | ₫1.57t |
| Equity | ₫2.15t |
| Total liabilities | ₫2.21t |
| Total assets | ₫4.36t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSH's short term assets (₫3,411.9B) exceed its short term liabilities (₫1,769.4B).
Long Term Liabilities: MSH's short term assets (₫3,411.9B) exceed its long term liabilities (₫442.1B).
Debt to Equity History and Analysis
Debt Level: MSH has more cash than its total debt.
Reducing Debt: MSH's debt to equity ratio has increased from 28.8% to 62.5% over the past 5 years.
Debt Coverage: MSH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MSH earns more interest than it pays, so coverage of interest payments is not a concern.