PetroVietnam Packaging Balance Sheet Health
Financial Health criteria checks 5/6
PetroVietnam Packaging has a total shareholder equity of ₫71.1B and total debt of ₫8.9B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ₫120.1B and ₫49.0B respectively. PetroVietnam Packaging's EBIT is ₫10.9B making its interest coverage ratio -10.9. It has cash and short-term investments of ₫5.0B.
Key information
12.5%
Debt to equity ratio
₫8.92b
Debt
| Interest coverage ratio | -10.9x |
| Cash | ₫5.03b |
| Equity | ₫71.11b |
| Total liabilities | ₫48.99b |
| Total assets | ₫120.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PBP's short term assets (₫76.3B) exceed its short term liabilities (₫42.5B).
Long Term Liabilities: PBP's short term assets (₫76.3B) exceed its long term liabilities (₫6.5B).
Debt to Equity History and Analysis
Debt Level: PBP's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: PBP's debt to equity ratio has reduced from 46.7% to 12.5% over the past 5 years.
Debt Coverage: PBP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PBP earns more interest than it pays, so coverage of interest payments is not a concern.