SaiGon Plant Protection Balance Sheet Health
Financial Health criteria checks 4/6
SaiGon Plant Protection has a total shareholder equity of ₫169.5B and total debt of ₫117.9B, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are ₫526.3B and ₫356.8B respectively. SaiGon Plant Protection's EBIT is ₫1.3B making its interest coverage ratio 0.1. It has cash and short-term investments of ₫24.8B.
Key information
69.6%
Debt to equity ratio
₫117.91b
Debt
Interest coverage ratio | 0.1x |
Cash | ₫24.83b |
Equity | ₫169.46b |
Total liabilities | ₫356.79b |
Total assets | ₫526.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPC's short term assets (₫474.0B) exceed its short term liabilities (₫348.9B).
Long Term Liabilities: SPC's short term assets (₫474.0B) exceed its long term liabilities (₫7.9B).
Debt to Equity History and Analysis
Debt Level: SPC's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: SPC's debt to equity ratio has reduced from 77.3% to 69.6% over the past 5 years.
Debt Coverage: SPC's debt is well covered by operating cash flow (70.3%).
Interest Coverage: SPC's interest payments on its debt are not well covered by EBIT (0.1x coverage).