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.