Vietnam Tanker Balance Sheet Health
Financial Health criteria checks 6/6
Vietnam Tanker has a total shareholder equity of ₫1,171.7B and total debt of ₫270.8B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are ₫1,630.7B and ₫458.9B respectively. Vietnam Tanker's EBIT is ₫123.6B making its interest coverage ratio -18.3. It has cash and short-term investments of ₫780.2B.
Key information
23.1%
Debt to equity ratio
₫270.79b
Debt
Interest coverage ratio | -18.3x |
Cash | ₫780.24b |
Equity | ₫1.17t |
Total liabilities | ₫458.94b |
Total assets | ₫1.63t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTO's short term assets (₫962.9B) exceed its short term liabilities (₫258.9B).
Long Term Liabilities: VTO's short term assets (₫962.9B) exceed its long term liabilities (₫200.1B).
Debt to Equity History and Analysis
Debt Level: VTO has more cash than its total debt.
Reducing Debt: VTO's debt to equity ratio has reduced from 39.8% to 23.1% over the past 5 years.
Debt Coverage: VTO's debt is well covered by operating cash flow (102.8%).
Interest Coverage: VTO earns more interest than it pays, so coverage of interest payments is not a concern.