Vegetexco Port Balance Sheet Health
Financial Health criteria checks 4/6
Vegetexco Port has a total shareholder equity of ₫224.9B and total debt of ₫1,335.0B, which brings its debt-to-equity ratio to 593.7%. Its total assets and total liabilities are ₫6,417.6B and ₫6,192.7B respectively. Vegetexco Port's EBIT is ₫16.3B making its interest coverage ratio -0.1. It has cash and short-term investments of ₫46.4B.
Key information
593.7%
Debt to equity ratio
₫1.34t
Debt
| Interest coverage ratio | -0.05x |
| Cash | ₫46.41b |
| Equity | ₫224.88b |
| Total liabilities | ₫6.19t |
| Total assets | ₫6.42t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VGP's short term assets (₫6,385.9B) exceed its short term liabilities (₫6,192.7B).
Long Term Liabilities: VGP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VGP's net debt to equity ratio (573%) is considered high.
Reducing Debt: VGP's debt to equity ratio has increased from 446.5% to 593.7% over the past 5 years.
Debt Coverage: VGP's debt is well covered by operating cash flow (42.6%).
Interest Coverage: VGP earns more interest than it pays, so coverage of interest payments is not a concern.