Vietnam Container Shipping Balance Sheet Health
Financial Health criteria checks 5/6
Vietnam Container Shipping has a total shareholder equity of ₫4,598.8B and total debt of ₫2,182.0B, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are ₫7,311.8B and ₫2,713.0B respectively. Vietnam Container Shipping's EBIT is ₫551.0B making its interest coverage ratio 4.5. It has cash and short-term investments of ₫1,569.7B.
Key information
47.4%
Debt to equity ratio
₫2.18t
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₫1.57t |
| Equity | ₫4.60t |
| Total liabilities | ₫2.71t |
| Total assets | ₫7.31t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VSC's short term assets (₫2,273.8B) exceed its short term liabilities (₫938.8B).
Long Term Liabilities: VSC's short term assets (₫2,273.8B) exceed its long term liabilities (₫1,774.2B).
Debt to Equity History and Analysis
Debt Level: VSC's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: VSC's debt to equity ratio has increased from 8.2% to 47.4% over the past 5 years.
Debt Coverage: VSC's debt is well covered by operating cash flow (139.6%).
Interest Coverage: VSC's interest payments on its debt are well covered by EBIT (4.5x coverage).