Vietnam National Petroleum Group Balance Sheet Health
Financial Health criteria checks 5/6
Vietnam National Petroleum Group has a total shareholder equity of ₫28,675.0B and total debt of ₫13,607.9B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are ₫70,189.1B and ₫41,514.1B respectively. Vietnam National Petroleum Group's EBIT is ₫2,741.8B making its interest coverage ratio -7.7. It has cash and short-term investments of ₫25,056.0B.
Key information
47.5%
Debt to equity ratio
₫13.61t
Debt
| Interest coverage ratio | -7.7x |
| Cash | ₫25.06t |
| Equity | ₫28.68t |
| Total liabilities | ₫41.51t |
| Total assets | ₫70.19t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLX's short term assets (₫49,621.0B) exceed its short term liabilities (₫40,691.7B).
Long Term Liabilities: PLX's short term assets (₫49,621.0B) exceed its long term liabilities (₫822.4B).
Debt to Equity History and Analysis
Debt Level: PLX has more cash than its total debt.
Reducing Debt: PLX's debt to equity ratio has increased from 42.5% to 47.5% over the past 5 years.
Debt Coverage: PLX's debt is well covered by operating cash flow (24.2%).
Interest Coverage: PLX earns more interest than it pays, so coverage of interest payments is not a concern.