Dong A Paint Balance Sheet Health
Financial Health criteria checks 4/6
Dong A Paint has a total shareholder equity of ₫333.1B and total debt of ₫78.5B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are ₫454.9B and ₫121.8B respectively. Dong A Paint's EBIT is ₫930.1M making its interest coverage ratio 0.2. It has cash and short-term investments of ₫18.7B.
Key information
23.6%
Debt to equity ratio
₫78.47b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₫18.73b |
| Equity | ₫333.07b |
| Total liabilities | ₫121.81b |
| Total assets | ₫454.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HDA's short term assets (₫279.6B) exceed its short term liabilities (₫117.5B).
Long Term Liabilities: HDA's short term assets (₫279.6B) exceed its long term liabilities (₫4.3B).
Debt to Equity History and Analysis
Debt Level: HDA's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: HDA's debt to equity ratio has reduced from 38.8% to 23.6% over the past 5 years.
Debt Coverage: HDA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HDA's interest payments on its debt are not well covered by EBIT (0.2x coverage).