Long An Food Processing Export Balance Sheet Health
Financial Health criteria checks 5/6
Long An Food Processing Export has a total shareholder equity of ₫227.2B and total debt of ₫141.2B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are ₫380.9B and ₫153.7B respectively. Long An Food Processing Export's EBIT is ₫49.6B making its interest coverage ratio 7.5. It has cash and short-term investments of ₫27.4B.
Key information
62.2%
Debt to equity ratio
₫141.21b
Debt
Interest coverage ratio | 7.5x |
Cash | ₫27.41b |
Equity | ₫227.20b |
Total liabilities | ₫153.73b |
Total assets | ₫380.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAF's short term assets (₫280.3B) exceed its short term liabilities (₫151.1B).
Long Term Liabilities: LAF's short term assets (₫280.3B) exceed its long term liabilities (₫2.6B).
Debt to Equity History and Analysis
Debt Level: LAF's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: LAF's debt to equity ratio has reduced from 85.7% to 62.2% over the past 5 years.
Debt Coverage: LAF's debt is well covered by operating cash flow (50.8%).
Interest Coverage: LAF's interest payments on its debt are well covered by EBIT (7.5x coverage).