Petroleum General Distribution Services Balance Sheet Health
Financial Health criteria checks 5/6
Petroleum General Distribution Services has a total shareholder equity of ₫547.3B and total debt of ₫1,527.2B, which brings its debt-to-equity ratio to 279%. Its total assets and total liabilities are ₫3,144.8B and ₫2,597.5B respectively. Petroleum General Distribution Services's EBIT is ₫88.3B making its interest coverage ratio -3.1. It has cash and short-term investments of ₫992.9B.
Key information
279.0%
Debt to equity ratio
₫1.53t
Debt
| Interest coverage ratio | -3.1x |
| Cash | ₫992.91b |
| Equity | ₫547.32b |
| Total liabilities | ₫2.60t |
| Total assets | ₫3.14t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSD's short term assets (₫3,063.0B) exceed its short term liabilities (₫2,595.0B).
Long Term Liabilities: PSD's short term assets (₫3,063.0B) exceed its long term liabilities (₫2.5B).
Debt to Equity History and Analysis
Debt Level: PSD's net debt to equity ratio (97.6%) is considered high.
Reducing Debt: PSD's debt to equity ratio has reduced from 388.9% to 279% over the past 5 years.
Debt Coverage: PSD's debt is well covered by operating cash flow (25.2%).
Interest Coverage: PSD earns more interest than it pays, so coverage of interest payments is not a concern.