Petrovietnam Drilling and Well Services Balance Sheet Health
Financial Health criteria checks 5/6
Petrovietnam Drilling and Well Services has a total shareholder equity of $15,306.8B and total debt of $3,492.5B, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are $22,515.4B and $7,208.6B respectively. Petrovietnam Drilling and Well Services's EBIT is $207.6B making its interest coverage ratio 271.9. It has cash and short-term investments of $3,403.6B.
Key information
22.8%
Debt to equity ratio
US$3.49t
Debt
Interest coverage ratio | 271.9x |
Cash | US$3.40t |
Equity | US$15.31t |
Total liabilities | US$7.21t |
Total assets | US$22.52t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVD's short term assets ($7,793.9B) exceed its short term liabilities ($3,597.4B).
Long Term Liabilities: PVD's short term assets ($7,793.9B) exceed its long term liabilities ($3,611.2B).
Debt to Equity History and Analysis
Debt Level: PVD's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: PVD's debt to equity ratio has reduced from 27.7% to 22.8% over the past 5 years.
Debt Coverage: PVD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PVD's interest payments on its debt are well covered by EBIT (271.9x coverage).