CNG Vietnam Balance Sheet Health
Financial Health criteria checks 5/6
CNG Vietnam has a total shareholder equity of ₫596.6B and total debt of ₫44.3B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₫1,277.5B and ₫680.8B respectively. CNG Vietnam's EBIT is ₫149.1B making its interest coverage ratio -58.1. It has cash and short-term investments of ₫383.6B.
Key information
7.4%
Debt to equity ratio
₫44.30b
Debt
| Interest coverage ratio | -58.1x |
| Cash | ₫383.59b |
| Equity | ₫596.62b |
| Total liabilities | ₫680.85b |
| Total assets | ₫1.28t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNG's short term assets (₫1,077.4B) exceed its short term liabilities (₫659.1B).
Long Term Liabilities: CNG's short term assets (₫1,077.4B) exceed its long term liabilities (₫21.7B).
Debt to Equity History and Analysis
Debt Level: CNG has more cash than its total debt.
Reducing Debt: CNG's debt to equity ratio has increased from 0.03% to 7.4% over the past 5 years.
Debt Coverage: CNG's debt is well covered by operating cash flow (271.7%).
Interest Coverage: CNG earns more interest than it pays, so coverage of interest payments is not a concern.