Nam Kim Steel Balance Sheet Health
Financial Health criteria checks 4/6
Nam Kim Steel has a total shareholder equity of ₫5,853.0B and total debt of ₫6,044.4B, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are ₫13,782.1B and ₫7,929.1B respectively. Nam Kim Steel's EBIT is ₫686.9B making its interest coverage ratio 5.3. It has cash and short-term investments of ₫958.9B.
Key information
103.3%
Debt to equity ratio
₫6.04t
Debt
| Interest coverage ratio | 5.3x |
| Cash | ₫958.93b |
| Equity | ₫5.85t |
| Total liabilities | ₫7.93t |
| Total assets | ₫13.78t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NKG's short term assets (₫10,945.8B) exceed its short term liabilities (₫7,901.7B).
Long Term Liabilities: NKG's short term assets (₫10,945.8B) exceed its long term liabilities (₫27.4B).
Debt to Equity History and Analysis
Debt Level: NKG's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: NKG's debt to equity ratio has reduced from 107.6% to 103.3% over the past 5 years.
Debt Coverage: NKG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NKG's interest payments on its debt are well covered by EBIT (5.3x coverage).