Petrolimex Gas Corporation JSC Balance Sheet Health
Financial Health criteria checks 4/6
Petrolimex Gas JSC has a total shareholder equity of ₫864.1B and total debt of ₫968.3B, which brings its debt-to-equity ratio to 112.1%. Its total assets and total liabilities are ₫2,725.6B and ₫1,861.5B respectively. Petrolimex Gas JSC's EBIT is ₫110.7B making its interest coverage ratio -2.8. It has cash and short-term investments of ₫1,004.5B.
Key information
112.1%
Debt to equity ratio
₫968.34b
Debt
| Interest coverage ratio | -2.8x |
| Cash | ₫1.00t |
| Equity | ₫864.09b |
| Total liabilities | ₫1.86t |
| Total assets | ₫2.73t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGC's short term assets (₫1,678.6B) do not cover its short term liabilities (₫1,794.6B).
Long Term Liabilities: PGC's short term assets (₫1,678.6B) exceed its long term liabilities (₫66.9B).
Debt to Equity History and Analysis
Debt Level: PGC has more cash than its total debt.
Reducing Debt: PGC's debt to equity ratio has increased from 97.2% to 112.1% over the past 5 years.
Debt Coverage: PGC's debt is well covered by operating cash flow (34.8%).
Interest Coverage: PGC earns more interest than it pays, so coverage of interest payments is not a concern.