Development Investment Construction Number 2 Balance Sheet Health
Financial Health criteria checks 2/6
Development Investment Construction Number 2 has a total shareholder equity of ₫79.7B and total debt of ₫257.2B, which brings its debt-to-equity ratio to 322.6%. Its total assets and total liabilities are ₫434.5B and ₫354.8B respectively. Development Investment Construction Number 2's EBIT is ₫23.7B making its interest coverage ratio 1.9. It has cash and short-term investments of ₫34.7B.
Key information
322.6%
Debt to equity ratio
₫257.15b
Debt
Interest coverage ratio | 1.9x |
Cash | ₫34.69b |
Equity | ₫79.71b |
Total liabilities | ₫354.82b |
Total assets | ₫434.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DC2's short term assets (₫366.2B) exceed its short term liabilities (₫346.3B).
Long Term Liabilities: DC2's short term assets (₫366.2B) exceed its long term liabilities (₫8.5B).
Debt to Equity History and Analysis
Debt Level: DC2's net debt to equity ratio (279.1%) is considered high.
Reducing Debt: DC2's debt to equity ratio has increased from 85.1% to 322.6% over the past 5 years.
Debt Coverage: DC2's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DC2's interest payments on its debt are not well covered by EBIT (1.9x coverage).