Gia Lai Electricity Balance Sheet Health
Financial Health criteria checks 1/6
Gia Lai Electricity has a total shareholder equity of ₫5,870.3B and total debt of ₫9,934.9B, which brings its debt-to-equity ratio to 169.2%. Its total assets and total liabilities are ₫16,063.7B and ₫10,193.4B respectively. Gia Lai Electricity's EBIT is ₫1,026.4B making its interest coverage ratio 1.2. It has cash and short-term investments of ₫814.2B.
Key information
169.2%
Debt to equity ratio
₫9.93t
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₫814.19b |
| Equity | ₫5.87t |
| Total liabilities | ₫10.19t |
| Total assets | ₫16.06t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEG's short term assets (₫1,806.2B) exceed its short term liabilities (₫1,563.1B).
Long Term Liabilities: GEG's short term assets (₫1,806.2B) do not cover its long term liabilities (₫8,630.3B).
Debt to Equity History and Analysis
Debt Level: GEG's net debt to equity ratio (155.4%) is considered high.
Reducing Debt: GEG's debt to equity ratio has increased from 130.4% to 169.2% over the past 5 years.
Debt Coverage: GEG's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: GEG's interest payments on its debt are not well covered by EBIT (1.2x coverage).