Quang Ninh Book and Educational Equipment Balance Sheet Health
Financial Health criteria checks 4/6
Quang Ninh Book and Educational Equipment has a total shareholder equity of ₫41.0B and total debt of ₫43.9B, which brings its debt-to-equity ratio to 107.1%. Its total assets and total liabilities are ₫136.3B and ₫95.4B respectively. Quang Ninh Book and Educational Equipment's EBIT is ₫11.4B making its interest coverage ratio 4.7. It has cash and short-term investments of ₫1.4B.
Key information
107.1%
Debt to equity ratio
₫43.85b
Debt
Interest coverage ratio | 4.7x |
Cash | ₫1.44b |
Equity | ₫40.96b |
Total liabilities | ₫95.38b |
Total assets | ₫136.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QST's short term assets (₫67.2B) do not cover its short term liabilities (₫89.2B).
Long Term Liabilities: QST's short term assets (₫67.2B) exceed its long term liabilities (₫6.2B).
Debt to Equity History and Analysis
Debt Level: QST's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: QST's debt to equity ratio has reduced from 152.6% to 107.1% over the past 5 years.
Debt Coverage: QST's debt is well covered by operating cash flow (39%).
Interest Coverage: QST's interest payments on its debt are well covered by EBIT (4.7x coverage).