Vinh Son - Song Hinh Hydropower Balance Sheet Health
Financial Health criteria checks 3/6
Vinh Son - Song Hinh Hydropower has a total shareholder equity of ₫4,596.6B and total debt of ₫3,686.0B, which brings its debt-to-equity ratio to 80.2%. Its total assets and total liabilities are ₫9,250.3B and ₫4,653.7B respectively. Vinh Son - Song Hinh Hydropower's EBIT is ₫986.9B making its interest coverage ratio 2.8. It has cash and short-term investments of ₫316.1B.
Key information
80.2%
Debt to equity ratio
₫3.69t
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₫316.11b |
| Equity | ₫4.60t |
| Total liabilities | ₫4.65t |
| Total assets | ₫9.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VSH's short term assets (₫1,322.4B) exceed its short term liabilities (₫916.5B).
Long Term Liabilities: VSH's short term assets (₫1,322.4B) do not cover its long term liabilities (₫3,737.2B).
Debt to Equity History and Analysis
Debt Level: VSH's net debt to equity ratio (73.3%) is considered high.
Reducing Debt: VSH's debt to equity ratio has reduced from 151.5% to 80.2% over the past 5 years.
Debt Coverage: VSH's debt is well covered by operating cash flow (35%).
Interest Coverage: VSH's interest payments on its debt are not well covered by EBIT (2.8x coverage).