Song Hong Garment Balance Sheet Health
Financial Health criteria checks 5/6
Song Hong Garment has a total shareholder equity of ₫1,809.8B and total debt of ₫834.7B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are ₫3,453.1B and ₫1,643.3B respectively. Song Hong Garment's EBIT is ₫186.6B making its interest coverage ratio -2.5. It has cash and short-term investments of ₫1,392.0B.
Key information
46.1%
Debt to equity ratio
₫834.70b
Debt
Interest coverage ratio | -2.5x |
Cash | ₫1.39t |
Equity | ₫1.81t |
Total liabilities | ₫1.64t |
Total assets | ₫3.45t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSH's short term assets (₫2,552.6B) exceed its short term liabilities (₫1,335.4B).
Long Term Liabilities: MSH's short term assets (₫2,552.6B) exceed its long term liabilities (₫307.9B).
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 reduced from 83.2% to 46.1% 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.