Ha Long Canned Food Balance Sheet Health
Financial Health criteria checks 3/6
Ha Long Canned Food has a total shareholder equity of ₫151.8B and total debt of ₫186.4B, which brings its debt-to-equity ratio to 122.8%. Its total assets and total liabilities are ₫402.8B and ₫251.0B respectively. Ha Long Canned Food's EBIT is ₫17.7B making its interest coverage ratio 1.7. It has cash and short-term investments of ₫13.4B.
Key information
122.8%
Debt to equity ratio
₫186.38b
Debt
Interest coverage ratio | 1.7x |
Cash | ₫13.40b |
Equity | ₫151.83b |
Total liabilities | ₫251.02b |
Total assets | ₫402.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAN's short term assets (₫353.1B) exceed its short term liabilities (₫246.1B).
Long Term Liabilities: CAN's short term assets (₫353.1B) exceed its long term liabilities (₫4.9B).
Debt to Equity History and Analysis
Debt Level: CAN's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: CAN's debt to equity ratio has increased from 53.7% to 122.8% over the past 5 years.
Debt Coverage: CAN's debt is well covered by operating cash flow (31.1%).
Interest Coverage: CAN's interest payments on its debt are not well covered by EBIT (1.7x coverage).