Song Hong Aluminium Balance Sheet Health
Financial Health criteria checks 2/6
Song Hong Aluminium has a total shareholder equity of ₫237.4B and total debt of ₫505.4B, which brings its debt-to-equity ratio to 212.9%. Its total assets and total liabilities are ₫837.3B and ₫599.9B respectively. Song Hong Aluminium's EBIT is ₫41.3B making its interest coverage ratio 1.1. It has cash and short-term investments of ₫3.0B.
Key information
212.9%
Debt to equity ratio
₫505.39b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₫3.04b |
| Equity | ₫237.39b |
| Total liabilities | ₫599.94b |
| Total assets | ₫837.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSH's short term assets (₫697.7B) exceed its short term liabilities (₫593.5B).
Long Term Liabilities: NSH's short term assets (₫697.7B) exceed its long term liabilities (₫6.4B).
Debt to Equity History and Analysis
Debt Level: NSH's net debt to equity ratio (211.6%) is considered high.
Reducing Debt: NSH's debt to equity ratio has increased from 207.9% to 212.9% over the past 5 years.
Debt Coverage: NSH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NSH's interest payments on its debt are not well covered by EBIT (1.1x coverage).