Bank for Investment and Development of Vietnam Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Bank for Investment and Development of Vietnam Insurance has a total shareholder equity of ₫2,827.1B and total debt of ₫269.0B, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ₫8,910.1B and ₫6,083.0B respectively. Bank for Investment and Development of Vietnam Insurance's EBIT is ₫588.6B making its interest coverage ratio 263.2. It has cash and short-term investments of ₫5,878.2B.
Key information
9.5%
Debt to equity ratio
₫268.97b
Debt
| Interest coverage ratio | 263.2x |
| Cash | ₫5.88t |
| Equity | ₫2.83t |
| Total liabilities | ₫6.08t |
| Total assets | ₫8.91t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIC's short term assets (₫8,042.0B) exceed its short term liabilities (₫6,078.7B).
Long Term Liabilities: BIC's short term assets (₫8,042.0B) exceed its long term liabilities (₫4.3B).
Debt to Equity History and Analysis
Debt Level: BIC has more cash than its total debt.
Reducing Debt: BIC's debt to equity ratio has increased from 0% to 9.5% over the past 5 years.
Debt Coverage: BIC's debt is well covered by operating cash flow (147.9%).
Interest Coverage: BIC's interest payments on its debt are well covered by EBIT (263.2x coverage).