Haiphong Packing VICEM Balance Sheet Health
Financial Health criteria checks 5/6
Haiphong Packing VICEM has a total shareholder equity of ₫55.3B and total debt of ₫693.7M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₫113.9B and ₫58.6B respectively. Haiphong Packing VICEM's EBIT is ₫548.2M making its interest coverage ratio 1.7. It has cash and short-term investments of ₫7.5B.
Key information
1.3%
Debt to equity ratio
₫693.66m
Debt
Interest coverage ratio | 1.7x |
Cash | ₫7.53b |
Equity | ₫55.28b |
Total liabilities | ₫58.61b |
Total assets | ₫113.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BXH's short term assets (₫108.6B) exceed its short term liabilities (₫58.6B).
Long Term Liabilities: BXH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BXH has more cash than its total debt.
Reducing Debt: BXH's debt to equity ratio has reduced from 60.3% to 1.3% over the past 5 years.
Debt Coverage: BXH's debt is well covered by operating cash flow (4101.7%).
Interest Coverage: BXH's interest payments on its debt are not well covered by EBIT (1.7x coverage).