PetroVietnam Technical Services Balance Sheet Health
Financial Health criteria checks 4/6
PetroVietnam Technical Services has a total shareholder equity of ₫13,935.6B and total debt of ₫1,501.5B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ₫25,468.2B and ₫11,532.6B respectively. PetroVietnam Technical Services's EBIT is ₫4.2B making its interest coverage ratio -0. It has cash and short-term investments of ₫9,396.2B.
Key information
10.8%
Debt to equity ratio
₫1.50t
Debt
Interest coverage ratio | -0.01x |
Cash | ₫9.40t |
Equity | ₫13.94t |
Total liabilities | ₫11.53t |
Total assets | ₫25.47t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVS's short term assets (₫15,101.5B) exceed its short term liabilities (₫7,876.0B).
Long Term Liabilities: PVS's short term assets (₫15,101.5B) exceed its long term liabilities (₫3,656.6B).
Debt to Equity History and Analysis
Debt Level: PVS has more cash than its total debt.
Reducing Debt: PVS's debt to equity ratio has increased from 7.6% to 10.8% over the past 5 years.
Debt Coverage: PVS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PVS earns more interest than it pays, so coverage of interest payments is not a concern.