Vinacomin - Nui Beo Coal JSC Balance Sheet Health
Financial Health criteria checks 3/6
Vinacomin - Nui Beo Coal JSC has a total shareholder equity of ₫591.0B and total debt of ₫1,305.6B, which brings its debt-to-equity ratio to 220.9%. Its total assets and total liabilities are ₫2,604.1B and ₫2,013.1B respectively. Vinacomin - Nui Beo Coal JSC's EBIT is ₫237.9B making its interest coverage ratio 2.3. It has cash and short-term investments of ₫6.0B.
Key information
220.9%
Debt to equity ratio
₫1.31t
Debt
Interest coverage ratio | 2.3x |
Cash | ₫5.99b |
Equity | ₫591.00b |
Total liabilities | ₫2.01t |
Total assets | ₫2.60t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NBC's short term assets (₫916.1B) do not cover its short term liabilities (₫1,776.3B).
Long Term Liabilities: NBC's short term assets (₫916.1B) exceed its long term liabilities (₫236.8B).
Debt to Equity History and Analysis
Debt Level: NBC's net debt to equity ratio (219.9%) is considered high.
Reducing Debt: NBC's debt to equity ratio has reduced from 413.6% to 220.9% over the past 5 years.
Debt Coverage: NBC's debt is well covered by operating cash flow (25.7%).
Interest Coverage: NBC's interest payments on its debt are not well covered by EBIT (2.3x coverage).