Long An Food Processing Export Balance Sheet Health
Financial Health criteria checks 6/6
Long An Food Processing Export has a total shareholder equity of ₫230.9B and total debt of ₫59.9B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are ₫308.7B and ₫77.8B respectively. Long An Food Processing Export's EBIT is ₫60.5B making its interest coverage ratio 14.7. It has cash and short-term investments of ₫26.0B.
Key information
25.9%
Debt to equity ratio
₫59.90b
Debt
| Interest coverage ratio | 14.7x |
| Cash | ₫26.02b |
| Equity | ₫230.90b |
| Total liabilities | ₫77.77b |
| Total assets | ₫308.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAF's short term assets (₫211.3B) exceed its short term liabilities (₫75.2B).
Long Term Liabilities: LAF's short term assets (₫211.3B) exceed its long term liabilities (₫2.6B).
Debt to Equity History and Analysis
Debt Level: LAF's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: LAF's debt to equity ratio has reduced from 105% to 25.9% over the past 5 years.
Debt Coverage: LAF's debt is well covered by operating cash flow (239.6%).
Interest Coverage: LAF's interest payments on its debt are well covered by EBIT (14.7x coverage).