CMC Balance Sheet Health
Financial Health criteria checks 5/6
CMC has a total shareholder equity of ₫3,445.2B and total debt of ₫1,837.7B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are ₫7,696.6B and ₫4,251.3B respectively. CMC's EBIT is ₫404.4B making its interest coverage ratio -472.4. It has cash and short-term investments of ₫1,760.3B.
Key information
53.3%
Debt to equity ratio
₫1.84t
Debt
| Interest coverage ratio | -472.4x |
| Cash | ₫1.76t |
| Equity | ₫3.45t |
| Total liabilities | ₫4.25t |
| Total assets | ₫7.70t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMG's short term assets (₫3,963.0B) exceed its short term liabilities (₫3,222.3B).
Long Term Liabilities: CMG's short term assets (₫3,963.0B) exceed its long term liabilities (₫1,029.0B).
Debt to Equity History and Analysis
Debt Level: CMG's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: CMG's debt to equity ratio has increased from 52.5% to 53.3% over the past 5 years.
Debt Coverage: CMG's debt is well covered by operating cash flow (37.2%).
Interest Coverage: CMG earns more interest than it pays, so coverage of interest payments is not a concern.