Petrolimex Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Petrolimex Insurance has a total shareholder equity of ₫1,864.6B and total debt of ₫358.0B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₫7,448.7B and ₫5,584.1B respectively. Petrolimex Insurance's EBIT is ₫285.9B making its interest coverage ratio 39.9. It has cash and short-term investments of ₫3,786.9B.
Key information
19.2%
Debt to equity ratio
₫358.00b
Debt
Interest coverage ratio | 39.9x |
Cash | ₫3.79t |
Equity | ₫1.86t |
Total liabilities | ₫5.58t |
Total assets | ₫7.45t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGI's short term assets (₫6,210.1B) exceed its short term liabilities (₫5,532.4B).
Long Term Liabilities: PGI's short term assets (₫6,210.1B) exceed its long term liabilities (₫51.7B).
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 19.2% over the past 5 years.
Debt Coverage: PGI's debt is well covered by operating cash flow (25.8%).
Interest Coverage: PGI's interest payments on its debt are well covered by EBIT (39.9x coverage).