Petrovietnam Gas Balance Sheet Health
Financial Health criteria checks 6/6
Petrovietnam Gas has a total shareholder equity of ₫67,900.3B and total debt of ₫5,731.3B, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ₫91,775.9B and ₫23,875.7B respectively. Petrovietnam Gas's EBIT is ₫12,014.8B making its interest coverage ratio -7.5. It has cash and short-term investments of ₫42,612.7B.
Key information
8.4%
Debt to equity ratio
₫5.73t
Debt
Interest coverage ratio | -7.5x |
Cash | ₫42.61t |
Equity | ₫67.90t |
Total liabilities | ₫23.88t |
Total assets | ₫91.78t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAS's short term assets (₫66,459.0B) exceed its short term liabilities (₫16,434.2B).
Long Term Liabilities: GAS's short term assets (₫66,459.0B) exceed its long term liabilities (₫7,441.5B).
Debt to Equity History and Analysis
Debt Level: GAS has more cash than its total debt.
Reducing Debt: GAS's debt to equity ratio has reduced from 8.7% to 8.4% over the past 5 years.
Debt Coverage: GAS's debt is well covered by operating cash flow (220.5%).
Interest Coverage: GAS earns more interest than it pays, so coverage of interest payments is not a concern.