Nam Kim Steel Balance Sheet Health
Financial Health criteria checks 3/6
Nam Kim Steel has a total shareholder equity of ₫5,573.2B and total debt of ₫5,450.9B, which brings its debt-to-equity ratio to 97.8%. Its total assets and total liabilities are ₫12,992.7B and ₫7,419.6B respectively. Nam Kim Steel's EBIT is ₫595.2B making its interest coverage ratio 2.7. It has cash and short-term investments of ₫777.3B.
Key information
97.8%
Debt to equity ratio
₫5.45t
Debt
Interest coverage ratio | 2.7x |
Cash | ₫777.32b |
Equity | ₫5.57t |
Total liabilities | ₫7.42t |
Total assets | ₫12.99t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NKG's short term assets (₫10,097.7B) exceed its short term liabilities (₫7,391.5B).
Long Term Liabilities: NKG's short term assets (₫10,097.7B) exceed its long term liabilities (₫28.1B).
Debt to Equity History and Analysis
Debt Level: NKG's net debt to equity ratio (83.9%) is considered high.
Reducing Debt: NKG's debt to equity ratio has reduced from 110.9% to 97.8% over the past 5 years.
Debt Coverage: NKG's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: NKG's interest payments on its debt are not well covered by EBIT (2.7x coverage).