Petrovietnam Drilling and Well Services Balance Sheet Health
Financial Health criteria checks 6/6
Petrovietnam Drilling and Well Services has a total shareholder equity of ₫15,472.1B and total debt of ₫3,051.7B, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are ₫23,002.1B and ₫7,530.0B respectively. Petrovietnam Drilling and Well Services's EBIT is ₫1,173.1B making its interest coverage ratio 6.3. It has cash and short-term investments of ₫4,046.3B.
Key information
19.7%
Debt to equity ratio
₫3.05t
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₫4.05t |
| Equity | ₫15.47t |
| Total liabilities | ₫7.53t |
| Total assets | ₫23.00t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVD's short term assets (₫8,733.2B) exceed its short term liabilities (₫4,124.3B).
Long Term Liabilities: PVD's short term assets (₫8,733.2B) exceed its long term liabilities (₫3,405.7B).
Debt to Equity History and Analysis
Debt Level: PVD has more cash than its total debt.
Reducing Debt: PVD's debt to equity ratio has reduced from 27.2% to 19.7% over the past 5 years.
Debt Coverage: PVD's debt is well covered by operating cash flow (50.6%).
Interest Coverage: PVD's interest payments on its debt are well covered by EBIT (6.3x coverage).