Lam Thao Fertilizers & Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Lam Thao Fertilizers & Chemicals has a total shareholder equity of ₫1,445.4B and total debt of ₫424.3B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ₫2,307.5B and ₫862.1B respectively. Lam Thao Fertilizers & Chemicals's EBIT is ₫231.5B making its interest coverage ratio -13.6. It has cash and short-term investments of ₫935.6B.
Key information
29.4%
Debt to equity ratio
₫424.28b
Debt
| Interest coverage ratio | -13.6x |
| Cash | ₫935.56b |
| Equity | ₫1.45t |
| Total liabilities | ₫862.13b |
| Total assets | ₫2.31t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAS's short term assets (₫1,988.8B) exceed its short term liabilities (₫862.1B).
Long Term Liabilities: LAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LAS has more cash than its total debt.
Reducing Debt: LAS's debt to equity ratio has reduced from 87.8% to 29.4% over the past 5 years.
Debt Coverage: LAS's debt is well covered by operating cash flow (70.5%).
Interest Coverage: LAS earns more interest than it pays, so coverage of interest payments is not a concern.