Vietnam National Petroleum Group Balance Sheet Health
Financial Health criteria checks 5/6
Vietnam National Petroleum Group has a total shareholder equity of ₫29,202.1B and total debt of ₫19,782.1B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ₫79,675.6B and ₫50,473.5B respectively. Vietnam National Petroleum Group's EBIT is ₫2,174.9B making its interest coverage ratio -7.1. It has cash and short-term investments of ₫30,543.9B.
Key information
67.7%
Debt to equity ratio
₫19.78t
Debt
| Interest coverage ratio | -7.1x |
| Cash | ₫30.54t |
| Equity | ₫29.20t |
| Total liabilities | ₫50.47t |
| Total assets | ₫79.68t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLX's short term assets (₫57,306.9B) exceed its short term liabilities (₫49,660.6B).
Long Term Liabilities: PLX's short term assets (₫57,306.9B) exceed its long term liabilities (₫812.9B).
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 63.8% to 67.7% over the past 5 years.
Debt Coverage: PLX's debt is well covered by operating cash flow (26.7%).
Interest Coverage: PLX earns more interest than it pays, so coverage of interest payments is not a concern.