CMC Balance Sheet Health
Financial Health criteria checks 2/6
CMC has a total shareholder equity of ₫911.5B and total debt of ₫1,849.8B, which brings its debt-to-equity ratio to 202.9%. Its total assets and total liabilities are ₫3,311.7B and ₫2,400.2B respectively. CMC's EBIT is ₫147.8B making its interest coverage ratio 0.7. It has cash and short-term investments of ₫194.1B.
Key information
202.9%
Debt to equity ratio
₫1.85t
Debt
Interest coverage ratio | 0.7x |
Cash | ₫194.05b |
Equity | ₫911.52b |
Total liabilities | ₫2.40t |
Total assets | ₫3.31t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVT's short term assets (₫2,371.4B) exceed its short term liabilities (₫1,381.8B).
Long Term Liabilities: CVT's short term assets (₫2,371.4B) exceed its long term liabilities (₫1,018.3B).
Debt to Equity History and Analysis
Debt Level: CVT's net debt to equity ratio (181.6%) is considered high.
Reducing Debt: CVT's debt to equity ratio has increased from 63.4% to 202.9% over the past 5 years.
Debt Coverage: CVT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CVT's interest payments on its debt are not well covered by EBIT (0.7x coverage).