Danang Rubber Balance Sheet Health
Financial Health criteria checks 6/6
Danang Rubber has a total shareholder equity of ₫1,870.0B and total debt of ₫693.6B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are ₫3,671.9B and ₫1,801.9B respectively. Danang Rubber's EBIT is ₫362.7B making its interest coverage ratio 157. It has cash and short-term investments of ₫385.2B.
Key information
37.1%
Debt to equity ratio
₫693.60b
Debt
| Interest coverage ratio | 157x |
| Cash | ₫385.20b |
| Equity | ₫1.87t |
| Total liabilities | ₫1.80t |
| Total assets | ₫3.67t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRC's short term assets (₫2,496.3B) exceed its short term liabilities (₫1,759.5B).
Long Term Liabilities: DRC's short term assets (₫2,496.3B) exceed its long term liabilities (₫42.4B).
Debt to Equity History and Analysis
Debt Level: DRC's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: DRC's debt to equity ratio has reduced from 52.9% to 37.1% over the past 5 years.
Debt Coverage: DRC's debt is well covered by operating cash flow (48.1%).
Interest Coverage: DRC's interest payments on its debt are well covered by EBIT (157x coverage).