Danang Rubber Balance Sheet Health
Financial Health criteria checks 5/6
Danang Rubber has a total shareholder equity of ₫1,915.8B and total debt of ₫782.7B, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are ₫4,000.9B and ₫2,085.1B respectively. Danang Rubber's EBIT is ₫341.2B making its interest coverage ratio 366.4. It has cash and short-term investments of ₫223.8B.
Key information
40.9%
Debt to equity ratio
₫782.69b
Debt
| Interest coverage ratio | 366.4x |
| Cash | ₫223.77b |
| Equity | ₫1.92t |
| Total liabilities | ₫2.09t |
| Total assets | ₫4.00t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRC's short term assets (₫2,609.1B) exceed its short term liabilities (₫1,978.5B).
Long Term Liabilities: DRC's short term assets (₫2,609.1B) exceed its long term liabilities (₫106.6B).
Debt to Equity History and Analysis
Debt Level: DRC's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: DRC's debt to equity ratio has reduced from 41.4% to 40.9% over the past 5 years.
Debt Coverage: DRC's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: DRC's interest payments on its debt are well covered by EBIT (366.4x coverage).