Phu Nhuan Jewelry Balance Sheet Health
Financial Health criteria checks 6/6
Phu Nhuan Jewelry has a total shareholder equity of ₫9,806.2B and total debt of ₫2,384.3B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ₫14,427.6B and ₫4,621.4B respectively. Phu Nhuan Jewelry's EBIT is ₫2,528.9B making its interest coverage ratio 63.2. It has cash and short-term investments of ₫1,706.2B.
Key information
24.3%
Debt to equity ratio
₫2.38t
Debt
| Interest coverage ratio | 63.2x |
| Cash | ₫1.71t |
| Equity | ₫9.81t |
| Total liabilities | ₫4.62t |
| Total assets | ₫14.43t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNJ's short term assets (₫12,958.1B) exceed its short term liabilities (₫4,612.0B).
Long Term Liabilities: PNJ's short term assets (₫12,958.1B) exceed its long term liabilities (₫9.4B).
Debt to Equity History and Analysis
Debt Level: PNJ's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: PNJ's debt to equity ratio has reduced from 41.8% to 24.3% over the past 5 years.
Debt Coverage: PNJ's debt is well covered by operating cash flow (63.2%).
Interest Coverage: PNJ's interest payments on its debt are well covered by EBIT (63.2x coverage).