Vinacomin - Ha Tu Coal JSC Balance Sheet Health
Financial Health criteria checks 3/6
Vinacomin - Ha Tu Coal JSC has a total shareholder equity of ₫404.8B and total debt of ₫461.8B, which brings its debt-to-equity ratio to 114.1%. Its total assets and total liabilities are ₫1,626.5B and ₫1,221.7B respectively. Vinacomin - Ha Tu Coal JSC's EBIT is ₫96.9B making its interest coverage ratio 10.9. It has cash and short-term investments of ₫5.2B.
Key information
114.1%
Debt to equity ratio
₫461.80b
Debt
| Interest coverage ratio | 10.9x |
| Cash | ₫5.23b |
| Equity | ₫404.81b |
| Total liabilities | ₫1.22t |
| Total assets | ₫1.63t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THT's short term assets (₫700.4B) do not cover its short term liabilities (₫962.6B).
Long Term Liabilities: THT's short term assets (₫700.4B) exceed its long term liabilities (₫259.1B).
Debt to Equity History and Analysis
Debt Level: THT's net debt to equity ratio (112.8%) is considered high.
Reducing Debt: THT's debt to equity ratio has increased from 44.9% to 114.1% over the past 5 years.
Debt Coverage: THT's debt is well covered by operating cash flow (90.7%).
Interest Coverage: THT's interest payments on its debt are well covered by EBIT (10.9x coverage).