Vinh Plastic and Bags Balance Sheet Health
Financial Health criteria checks 5/6
Vinh Plastic and Bags has a total shareholder equity of ₫157.8B and total debt of ₫105.4B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are ₫388.2B and ₫230.4B respectively. Vinh Plastic and Bags's EBIT is ₫45.0B making its interest coverage ratio 5.7. It has cash and short-term investments of ₫489.4M.
Key information
66.8%
Debt to equity ratio
₫105.42b
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₫489.38m |
| Equity | ₫157.81b |
| Total liabilities | ₫230.36b |
| Total assets | ₫388.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VBC's short term assets (₫309.9B) exceed its short term liabilities (₫229.3B).
Long Term Liabilities: VBC's short term assets (₫309.9B) exceed its long term liabilities (₫1.0B).
Debt to Equity History and Analysis
Debt Level: VBC's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: VBC's debt to equity ratio has reduced from 208.2% to 66.8% over the past 5 years.
Debt Coverage: VBC's debt is well covered by operating cash flow (78.9%).
Interest Coverage: VBC's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 15:50 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vinh Plastic and Bags Joint Stock Company is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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