PetroVietnam Packaging Balance Sheet Health
Financial Health criteria checks 6/6
PetroVietnam Packaging has a total shareholder equity of ₫67.4B and total debt of ₫3.9B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ₫152.5B and ₫85.1B respectively. PetroVietnam Packaging's EBIT is ₫8.9B making its interest coverage ratio -6.4. It has cash and short-term investments of ₫80.7B.
Key information
5.8%
Debt to equity ratio
₫3.89b
Debt
Interest coverage ratio | -6.4x |
Cash | ₫80.69b |
Equity | ₫67.35b |
Total liabilities | ₫85.13b |
Total assets | ₫152.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PBP's short term assets (₫114.4B) exceed its short term liabilities (₫82.5B).
Long Term Liabilities: PBP's short term assets (₫114.4B) exceed its long term liabilities (₫2.7B).
Debt to Equity History and Analysis
Debt Level: PBP has more cash than its total debt.
Reducing Debt: PBP's debt to equity ratio has reduced from 62.2% to 5.8% over the past 5 years.
Debt Coverage: PBP's debt is well covered by operating cash flow (1132.8%).
Interest Coverage: PBP earns more interest than it pays, so coverage of interest payments is not a concern.