VietJet Aviation Balance Sheet Health
Financial Health criteria checks 2/6
VietJet Aviation has a total shareholder equity of ₫16,723.2B and total debt of ₫34,116.0B, which brings its debt-to-equity ratio to 204%. Its total assets and total liabilities are ₫93,766.3B and ₫77,043.1B respectively. VietJet Aviation's EBIT is ₫1,644.3B making its interest coverage ratio 0.8. It has cash and short-term investments of ₫4,733.8B.
Key information
204.0%
Debt to equity ratio
₫34.12t
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₫4.73t |
| Equity | ₫16.72t |
| Total liabilities | ₫77.04t |
| Total assets | ₫93.77t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VJC's short term assets (₫43,484.4B) exceed its short term liabilities (₫38,937.9B).
Long Term Liabilities: VJC's short term assets (₫43,484.4B) exceed its long term liabilities (₫38,105.3B).
Debt to Equity History and Analysis
Debt Level: VJC's net debt to equity ratio (175.7%) is considered high.
Reducing Debt: VJC's debt to equity ratio has increased from 62.3% to 204% over the past 5 years.
Debt Coverage: VJC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VJC's interest payments on its debt are not well covered by EBIT (0.8x coverage).