SaiGon Plant Protection Balance Sheet Health
Financial Health criteria checks 3/6
SaiGon Plant Protection has a total shareholder equity of ₫144.7B and total debt of ₫105.7B, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are ₫468.0B and ₫323.4B respectively. SaiGon Plant Protection's EBIT is ₫28.6B making its interest coverage ratio 3.4. It has cash and short-term investments of ₫19.6B.
Key information
73.0%
Debt to equity ratio
₫105.67b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₫19.60b |
| Equity | ₫144.66b |
| Total liabilities | ₫323.39b |
| Total assets | ₫468.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPC's short term assets (₫408.9B) exceed its short term liabilities (₫316.4B).
Long Term Liabilities: SPC's short term assets (₫408.9B) exceed its long term liabilities (₫7.0B).
Debt to Equity History and Analysis
Debt Level: SPC's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: SPC's debt to equity ratio has increased from 62.8% to 73% over the past 5 years.
Debt Coverage: SPC's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: SPC's interest payments on its debt are well covered by EBIT (3.4x coverage).