Lam Thao Fertilizers & Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Lam Thao Fertilizers & Chemicals has a total shareholder equity of ₫1,474.2B and total debt of ₫284.4B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₫2,207.9B and ₫733.7B respectively. Lam Thao Fertilizers & Chemicals's EBIT is ₫200.6B making its interest coverage ratio -24.8. It has cash and short-term investments of ₫709.6B.
Key information
19.3%
Debt to equity ratio
₫284.43b
Debt
Interest coverage ratio | -24.8x |
Cash | ₫709.59b |
Equity | ₫1.47t |
Total liabilities | ₫733.74b |
Total assets | ₫2.21t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAS's short term assets (₫1,902.4B) exceed its short term liabilities (₫733.7B).
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 100.7% to 19.3% over the past 5 years.
Debt Coverage: LAS's debt is well covered by operating cash flow (203.6%).
Interest Coverage: LAS earns more interest than it pays, so coverage of interest payments is not a concern.