Danang Housing Development Balance Sheet Health
Financial Health criteria checks 3/6
Danang Housing Development has a total shareholder equity of ₫123.6B and total debt of ₫60.5B, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are ₫235.2B and ₫111.5B respectively. Danang Housing Development's EBIT is ₫1.3B making its interest coverage ratio -0.3. It has cash and short-term investments of ₫1.2B.
Key information
48.9%
Debt to equity ratio
₫60.50b
Debt
Interest coverage ratio | -0.3x |
Cash | ₫1.19b |
Equity | ₫123.63b |
Total liabilities | ₫111.52b |
Total assets | ₫235.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDX's short term assets (₫156.7B) exceed its short term liabilities (₫98.8B).
Long Term Liabilities: NDX's short term assets (₫156.7B) exceed its long term liabilities (₫12.8B).
Debt to Equity History and Analysis
Debt Level: NDX's net debt to equity ratio (48%) is considered high.
Reducing Debt: NDX's debt to equity ratio has increased from 27.9% to 48.9% over the past 5 years.
Debt Coverage: NDX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NDX earns more interest than it pays, so coverage of interest payments is not a concern.