Port of Hai Phong Balance Sheet Health
Financial Health criteria checks 6/6
Port of Hai Phong has a total shareholder equity of ₫5,060.3B and total debt of ₫583.0B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ₫6,107.2B and ₫1,047.0B respectively. Port of Hai Phong's EBIT is ₫618.7B making its interest coverage ratio -4.6. It has cash and short-term investments of ₫2,712.2B.
Key information
11.5%
Debt to equity ratio
₫583.02b
Debt
| Interest coverage ratio | -4.6x |
| Cash | ₫2.71t |
| Equity | ₫5.06t |
| Total liabilities | ₫1.05t |
| Total assets | ₫6.11t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHP's short term assets (₫3,626.9B) exceed its short term liabilities (₫483.6B).
Long Term Liabilities: PHP's short term assets (₫3,626.9B) exceed its long term liabilities (₫563.3B).
Debt to Equity History and Analysis
Debt Level: PHP has more cash than its total debt.
Reducing Debt: PHP's debt to equity ratio has reduced from 21.4% to 11.5% over the past 5 years.
Debt Coverage: PHP's debt is well covered by operating cash flow (33.2%).
Interest Coverage: PHP earns more interest than it pays, so coverage of interest payments is not a concern.