Vinacomin - Nui Beo Coal JSC Balance Sheet Health
Financial Health criteria checks 2/6
Vinacomin - Nui Beo Coal JSC has a total shareholder equity of ₫415.4B and total debt of ₫1,132.6B, which brings its debt-to-equity ratio to 272.7%. Its total assets and total liabilities are ₫2,429.7B and ₫2,014.4B respectively. Vinacomin - Nui Beo Coal JSC's EBIT is ₫46.8B making its interest coverage ratio 0.6. It has cash and short-term investments of ₫7.1B.
Key information
272.7%
Debt to equity ratio
₫1.13t
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₫7.13b |
| Equity | ₫415.39b |
| Total liabilities | ₫2.01t |
| Total assets | ₫2.43t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NBC's short term assets (₫896.4B) do not cover its short term liabilities (₫1,778.6B).
Long Term Liabilities: NBC's short term assets (₫896.4B) exceed its long term liabilities (₫235.7B).
Debt to Equity History and Analysis
Debt Level: NBC's net debt to equity ratio (271%) is considered high.
Reducing Debt: NBC's debt to equity ratio has reduced from 453.1% to 272.7% over the past 5 years.
Debt Coverage: NBC's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: NBC's interest payments on its debt are not well covered by EBIT (0.6x coverage).