Van Cargoes and Foreign Trade Logistics Balance Sheet Health
Financial Health criteria checks 3/6
Van Cargoes and Foreign Trade Logistics has a total shareholder equity of ₫217.5B and total debt of ₫223.8B, which brings its debt-to-equity ratio to 102.9%. Its total assets and total liabilities are ₫652.6B and ₫435.1B respectively. Van Cargoes and Foreign Trade Logistics's EBIT is ₫18.5B making its interest coverage ratio -8.5. It has cash and short-term investments of ₫249.9B.
Key information
102.9%
Debt to equity ratio
₫223.80b
Debt
| Interest coverage ratio | -8.5x |
| Cash | ₫249.89b |
| Equity | ₫217.49b |
| Total liabilities | ₫435.12b |
| Total assets | ₫652.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNT's short term assets (₫423.1B) do not cover its short term liabilities (₫432.1B).
Long Term Liabilities: VNT's short term assets (₫423.1B) exceed its long term liabilities (₫3.0B).
Debt to Equity History and Analysis
Debt Level: VNT has more cash than its total debt.
Reducing Debt: VNT's debt to equity ratio has increased from 96.3% to 102.9% over the past 5 years.
Debt Coverage: VNT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VNT earns more interest than it pays, so coverage of interest payments is not a concern.