Petrolimex Gas Corporation JSC Balance Sheet Health
Financial Health criteria checks 4/6
Petrolimex Gas JSC has a total shareholder equity of ₫869.0B and total debt of ₫1,163.3B, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are ₫2,535.9B and ₫1,667.0B respectively. Petrolimex Gas JSC's EBIT is ₫115.9B making its interest coverage ratio -6.2. It has cash and short-term investments of ₫1,274.2B.
Key information
133.9%
Debt to equity ratio
₫1.16t
Debt
Interest coverage ratio | -6.2x |
Cash | ₫1.27t |
Equity | ₫868.96b |
Total liabilities | ₫1.67t |
Total assets | ₫2.54t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGC's short term assets (₫1,895.5B) exceed its short term liabilities (₫1,601.3B).
Long Term Liabilities: PGC's short term assets (₫1,895.5B) exceed its long term liabilities (₫65.7B).
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 89.7% to 133.9% over the past 5 years.
Debt Coverage: PGC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PGC earns more interest than it pays, so coverage of interest payments is not a concern.