Hai Phat Investment Balance Sheet Health
Financial Health criteria checks 3/6
Hai Phat Investment has a total shareholder equity of ₫3,622.8B and total debt of ₫2,294.8B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are ₫8,460.5B and ₫4,837.8B respectively. Hai Phat Investment's EBIT is ₫66.0B making its interest coverage ratio 0.4. It has cash and short-term investments of ₫19.7B.
Key information
63.3%
Debt to equity ratio
₫2.29t
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₫19.75b |
| Equity | ₫3.62t |
| Total liabilities | ₫4.84t |
| Total assets | ₫8.46t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPX's short term assets (₫6,455.1B) exceed its short term liabilities (₫3,964.7B).
Long Term Liabilities: HPX's short term assets (₫6,455.1B) exceed its long term liabilities (₫873.1B).
Debt to Equity History and Analysis
Debt Level: HPX's net debt to equity ratio (62.8%) is considered high.
Reducing Debt: HPX's debt to equity ratio has reduced from 83.1% to 63.3% over the past 5 years.
Debt Coverage: HPX's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: HPX's interest payments on its debt are not well covered by EBIT (0.4x coverage).