PetroVietnam Power Nhon Trach 2 Balance Sheet Health
Financial Health criteria checks 6/6
PetroVietnam Power Nhon Trach 2 has a total shareholder equity of ₫4,114.5B and total debt of ₫1,424.7B, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are ₫10,399.6B and ₫6,285.1B respectively. PetroVietnam Power Nhon Trach 2's EBIT is ₫119.1B making its interest coverage ratio -2. It has cash and short-term investments of ₫2,579.5B.
Key information
34.6%
Debt to equity ratio
₫1.42t
Debt
| Interest coverage ratio | -2x |
| Cash | ₫2.58t |
| Equity | ₫4.11t |
| Total liabilities | ₫6.29t |
| Total assets | ₫10.40t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NT2's short term assets (₫6,395.8B) exceed its short term liabilities (₫6,285.1B).
Long Term Liabilities: NT2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NT2 has more cash than its total debt.
Reducing Debt: NT2's debt to equity ratio has reduced from 56.4% to 34.6% over the past 5 years.
Debt Coverage: NT2's debt is well covered by operating cash flow (49.7%).
Interest Coverage: NT2 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PetroVietnam Power Nhon Trach 2 Joint Stock Company is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Linh Luu | BIDV Securities Joint Stock Company |
| Dung Tyler Nguyen | Maybank Research Pte. Ltd. |
| Ngoc Nguyen | Mirae Asset Securities (Vietnam) |