Petrolimex Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Petrolimex Insurance has a total shareholder equity of ₫1,832.4B and total debt of ₫270.3B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ₫7,568.0B and ₫5,735.6B respectively. Petrolimex Insurance's EBIT is ₫296.8B making its interest coverage ratio 26.9. It has cash and short-term investments of ₫3,913.2B.
Key information
14.8%
Debt to equity ratio
₫270.33b
Debt
| Interest coverage ratio | 26.9x |
| Cash | ₫3.91t |
| Equity | ₫1.83t |
| Total liabilities | ₫5.74t |
| Total assets | ₫7.57t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGI's short term assets (₫6,261.3B) exceed its short term liabilities (₫5,675.8B).
Long Term Liabilities: PGI's short term assets (₫6,261.3B) exceed its long term liabilities (₫59.9B).
Debt to Equity History and Analysis
Debt Level: PGI has more cash than its total debt.
Reducing Debt: PGI's debt to equity ratio has increased from 0% to 14.8% over the past 5 years.
Debt Coverage: PGI's debt is well covered by operating cash flow (92.1%).
Interest Coverage: PGI's interest payments on its debt are well covered by EBIT (26.9x coverage).