Lix Detergent Balance Sheet Health
Financial Health criteria checks 6/6
Lix Detergent has a total shareholder equity of ₫907.4B and total debt of ₫55.0B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₫1,341.0B and ₫433.6B respectively. Lix Detergent's EBIT is ₫230.5B making its interest coverage ratio -59.3. It has cash and short-term investments of ₫353.9B.
Key information
6.1%
Debt to equity ratio
₫55.00b
Debt
| Interest coverage ratio | -59.3x |
| Cash | ₫353.94b |
| Equity | ₫907.40b |
| Total liabilities | ₫433.61b |
| Total assets | ₫1.34t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIX's short term assets (₫873.3B) exceed its short term liabilities (₫425.8B).
Long Term Liabilities: LIX's short term assets (₫873.3B) exceed its long term liabilities (₫7.8B).
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 9.3% to 6.1% over the past 5 years.
Debt Coverage: LIX's debt is well covered by operating cash flow (326.9%).
Interest Coverage: LIX earns more interest than it pays, so coverage of interest payments is not a concern.