IDICO Corporation - JSC Balance Sheet Health
Financial Health criteria checks 5/6
IDICO - JSC has a total shareholder equity of ₫6,204.9B and total debt of ₫3,522.5B, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are ₫17,720.4B and ₫11,515.5B respectively. IDICO - JSC's EBIT is ₫2,062.3B making its interest coverage ratio -54.4. It has cash and short-term investments of ₫1,333.6B.
Key information
56.8%
Debt to equity ratio
₫3.52t
Debt
Interest coverage ratio | -54.4x |
Cash | ₫1.33t |
Equity | ₫6.20t |
Total liabilities | ₫11.52t |
Total assets | ₫17.72t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDC's short term assets (₫5,977.8B) exceed its short term liabilities (₫3,986.4B).
Long Term Liabilities: IDC's short term assets (₫5,977.8B) do not cover its long term liabilities (₫7,529.2B).
Debt to Equity History and Analysis
Debt Level: IDC's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: IDC's debt to equity ratio has reduced from 68.5% to 56.8% over the past 5 years.
Debt Coverage: IDC's debt is well covered by operating cash flow (77.6%).
Interest Coverage: IDC earns more interest than it pays, so coverage of interest payments is not a concern.