Ninh Binh Phosphate Fertilizer Balance Sheet Health
Financial Health criteria checks 6/6
Ninh Binh Phosphate Fertilizer has a total shareholder equity of ₫204.8B and total debt of ₫32.4B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ₫290.3B and ₫85.5B respectively. Ninh Binh Phosphate Fertilizer's EBIT is ₫35.1B making its interest coverage ratio 15.1. It has cash and short-term investments of ₫10.4B.
Key information
15.8%
Debt to equity ratio
₫32.43b
Debt
Interest coverage ratio | 15.1x |
Cash | ₫10.41b |
Equity | ₫204.79b |
Total liabilities | ₫85.47b |
Total assets | ₫290.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFC's short term assets (₫282.5B) exceed its short term liabilities (₫85.5B).
Long Term Liabilities: NFC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NFC's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: NFC's debt to equity ratio has reduced from 36.6% to 15.8% over the past 5 years.
Debt Coverage: NFC's debt is well covered by operating cash flow (202.8%).
Interest Coverage: NFC's interest payments on its debt are well covered by EBIT (15.1x coverage).