The Vegetexco Port Joint Stock Company

HNX:VGP Stock Report

Market Cap: ₫255.1b

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.


Balance Sheet


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