Petroleum General Distribution Services Balance Sheet Health
Financial Health criteria checks 4/6
Petroleum General Distribution Services has a total shareholder equity of ₫611.8B and total debt of ₫1,387.8B, which brings its debt-to-equity ratio to 226.9%. Its total assets and total liabilities are ₫2,583.8B and ₫1,972.0B respectively. Petroleum General Distribution Services's EBIT is ₫74.0B making its interest coverage ratio -1.9. It has cash and short-term investments of ₫1,087.4B.
Key information
226.9%
Debt to equity ratio
₫1.39t
Debt
| Interest coverage ratio | -1.9x |
| Cash | ₫1.09t |
| Equity | ₫611.77b |
| Total liabilities | ₫1.97t |
| Total assets | ₫2.58t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSD's short term assets (₫2,510.1B) exceed its short term liabilities (₫1,969.4B).
Long Term Liabilities: PSD's short term assets (₫2,510.1B) exceed its long term liabilities (₫2.6B).
Debt to Equity History and Analysis
Debt Level: PSD's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: PSD's debt to equity ratio has reduced from 228.5% to 226.9% over the past 5 years.
Debt Coverage: PSD's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: PSD earns more interest than it pays, so coverage of interest payments is not a concern.