Nafoods Group Balance Sheet Health
Financial Health criteria checks 3/6
Nafoods Group has a total shareholder equity of ₫988.0B and total debt of ₫809.3B, which brings its debt-to-equity ratio to 81.9%. Its total assets and total liabilities are ₫2,043.2B and ₫1,055.3B respectively. Nafoods Group's EBIT is ₫164.4B making its interest coverage ratio 4.9. It has cash and short-term investments of ₫182.3B.
Key information
81.9%
Debt to equity ratio
₫809.29b
Debt
Interest coverage ratio | 4.9x |
Cash | ₫182.34b |
Equity | ₫987.96b |
Total liabilities | ₫1.06t |
Total assets | ₫2.04t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAF's short term assets (₫1,016.6B) exceed its short term liabilities (₫964.5B).
Long Term Liabilities: NAF's short term assets (₫1,016.6B) exceed its long term liabilities (₫90.8B).
Debt to Equity History and Analysis
Debt Level: NAF's net debt to equity ratio (63.5%) is considered high.
Reducing Debt: NAF's debt to equity ratio has increased from 78.4% to 81.9% over the past 5 years.
Debt Coverage: NAF's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: NAF's interest payments on its debt are well covered by EBIT (4.9x coverage).