Lix Detergent Balance Sheet Health
Financial Health criteria checks 6/6
Lix Detergent has a total shareholder equity of ₫894.0B and total debt of ₫55.0B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₫1,269.9B and ₫375.9B respectively. Lix Detergent's EBIT is ₫244.4B making its interest coverage ratio -48.6. It has cash and short-term investments of ₫234.4B.
Key information
6.2%
Debt to equity ratio
₫55.00b
Debt
Interest coverage ratio | -48.6x |
Cash | ₫234.45b |
Equity | ₫893.97b |
Total liabilities | ₫375.93b |
Total assets | ₫1.27t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIX's short term assets (₫796.5B) exceed its short term liabilities (₫367.6B).
Long Term Liabilities: LIX's short term assets (₫796.5B) exceed its long term liabilities (₫8.3B).
Debt to Equity History and Analysis
Debt Level: LIX has more cash than its total debt.
Reducing Debt: LIX's debt to equity ratio has reduced from 10.8% to 6.2% over the past 5 years.
Debt Coverage: LIX's debt is well covered by operating cash flow (348.9%).
Interest Coverage: LIX earns more interest than it pays, so coverage of interest payments is not a concern.