CMC Balance Sheet Health
Financial Health criteria checks 6/6
CMC has a total shareholder equity of ₫3,341.6B and total debt of ₫1,561.6B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are ₫6,922.3B and ₫3,580.7B respectively. CMC's EBIT is ₫380.8B making its interest coverage ratio 66.5. It has cash and short-term investments of ₫1,624.9B.
Key information
46.7%
Debt to equity ratio
₫1.56t
Debt
Interest coverage ratio | 66.5x |
Cash | ₫1.62t |
Equity | ₫3.34t |
Total liabilities | ₫3.58t |
Total assets | ₫6.92t |
Recent financial health updates
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Recent updates
Financial Position Analysis
Short Term Liabilities: CMG's short term assets (₫3,247.3B) exceed its short term liabilities (₫2,732.7B).
Long Term Liabilities: CMG's short term assets (₫3,247.3B) exceed its long term liabilities (₫847.9B).
Debt to Equity History and Analysis
Debt Level: CMG has more cash than its total debt.
Reducing Debt: CMG's debt to equity ratio has reduced from 73.4% to 46.7% over the past 5 years.
Debt Coverage: CMG's debt is well covered by operating cash flow (34.3%).
Interest Coverage: CMG's interest payments on its debt are well covered by EBIT (66.5x coverage).