Song Da 9 Balance Sheet Health
Financial Health criteria checks 4/6
Song Da 9 has a total shareholder equity of ₫835.7B and total debt of ₫662.5B, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are ₫1,875.1B and ₫1,039.3B respectively. Song Da 9's EBIT is ₫125.1B making its interest coverage ratio 1.7. It has cash and short-term investments of ₫170.8B.
Key information
79.3%
Debt to equity ratio
₫662.55b
Debt
Interest coverage ratio | 1.7x |
Cash | ₫170.77b |
Equity | ₫835.73b |
Total liabilities | ₫1.04t |
Total assets | ₫1.88t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SD9's short term assets (₫860.9B) exceed its short term liabilities (₫493.1B).
Long Term Liabilities: SD9's short term assets (₫860.9B) exceed its long term liabilities (₫546.2B).
Debt to Equity History and Analysis
Debt Level: SD9's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: SD9's debt to equity ratio has reduced from 97.2% to 79.3% over the past 5 years.
Debt Coverage: SD9's debt is well covered by operating cash flow (26.6%).
Interest Coverage: SD9's interest payments on its debt are not well covered by EBIT (1.7x coverage).