PetroVietnam Transportation Balance Sheet Health
Financial Health criteria checks 6/6
PetroVietnam Transportation has a total shareholder equity of ₫10,124.4B and total debt of ₫5,722.3B, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are ₫18,828.8B and ₫8,704.4B respectively. PetroVietnam Transportation's EBIT is ₫1,902.0B making its interest coverage ratio 9.3. It has cash and short-term investments of ₫5,157.2B.
Key information
56.5%
Debt to equity ratio
₫5.72t
Debt
| Interest coverage ratio | 9.3x |
| Cash | ₫5.16t |
| Equity | ₫10.12t |
| Total liabilities | ₫8.70t |
| Total assets | ₫18.83t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVT's short term assets (₫7,256.7B) exceed its short term liabilities (₫3,622.3B).
Long Term Liabilities: PVT's short term assets (₫7,256.7B) exceed its long term liabilities (₫5,082.2B).
Debt to Equity History and Analysis
Debt Level: PVT's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: PVT's debt to equity ratio has reduced from 64.4% to 56.5% over the past 5 years.
Debt Coverage: PVT's debt is well covered by operating cash flow (35.9%).
Interest Coverage: PVT's interest payments on its debt are well covered by EBIT (9.3x coverage).