Vinafreight Balance Sheet Health
Financial Health criteria checks 5/6
Vinafreight has a total shareholder equity of ₫579.0B and total debt of ₫35.7B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₫860.6B and ₫281.6B respectively. Vinafreight's EBIT is ₫31.6B making its interest coverage ratio -1.8. It has cash and short-term investments of ₫243.4B.
Key information
6.2%
Debt to equity ratio
₫35.74b
Debt
| Interest coverage ratio | -1.8x |
| Cash | ₫243.40b |
| Equity | ₫578.97b |
| Total liabilities | ₫281.59b |
| Total assets | ₫860.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNF's short term assets (₫470.0B) exceed its short term liabilities (₫276.1B).
Long Term Liabilities: VNF's short term assets (₫470.0B) exceed its long term liabilities (₫5.5B).
Debt to Equity History and Analysis
Debt Level: VNF has more cash than its total debt.
Reducing Debt: VNF's debt to equity ratio has reduced from 31.7% to 6.2% over the past 5 years.
Debt Coverage: VNF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VNF earns more interest than it pays, so coverage of interest payments is not a concern.