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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 13:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Song Hong Garment Joint Stock Company is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anh Ha Nguyen | Bao Viet Securities Joint Stock Company |
| Buu Phan Quoc | BIDV Securities Joint Stock Company |
| null null | BIDV Securities Joint Stock Company |