PetroVietnam Transportation Balance Sheet Health
Financial Health criteria checks 6/6
PetroVietnam Transportation has a total shareholder equity of ₫9,351.2B and total debt of ₫5,701.9B, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are ₫17,602.0B and ₫8,250.8B respectively. PetroVietnam Transportation's EBIT is ₫1,594.6B making its interest coverage ratio 14.1. It has cash and short-term investments of ₫4,671.4B.
Key information
61.0%
Debt to equity ratio
₫5.70t
Debt
Interest coverage ratio | 14.1x |
Cash | ₫4.67t |
Equity | ₫9.35t |
Total liabilities | ₫8.25t |
Total assets | ₫17.60t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVT's short term assets (₫6,529.4B) exceed its short term liabilities (₫3,225.7B).
Long Term Liabilities: PVT's short term assets (₫6,529.4B) exceed its long term liabilities (₫5,025.1B).
Debt to Equity History and Analysis
Debt Level: PVT's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: PVT's debt to equity ratio has reduced from 61.1% to 61% over the past 5 years.
Debt Coverage: PVT's debt is well covered by operating cash flow (39.5%).
Interest Coverage: PVT's interest payments on its debt are well covered by EBIT (14.1x coverage).