Dong Nai Paint Balance Sheet Health
Financial Health criteria checks 4/6
Dong Nai Paint has a total shareholder equity of ₫57.1B and total debt of ₫16.7B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ₫107.0B and ₫49.9B respectively. Dong Nai Paint's EBIT is ₫14.7B making its interest coverage ratio 10.4. It has cash and short-term investments of ₫6.7B.
Key information
29.2%
Debt to equity ratio
₫16.67b
Debt
| Interest coverage ratio | 10.4x |
| Cash | ₫6.67b |
| Equity | ₫57.07b |
| Total liabilities | ₫49.93b |
| Total assets | ₫107.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDN's short term assets (₫58.7B) exceed its short term liabilities (₫49.2B).
Long Term Liabilities: SDN's short term assets (₫58.7B) exceed its long term liabilities (₫687.7M).
Debt to Equity History and Analysis
Debt Level: SDN's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: SDN's debt to equity ratio has increased from 8% to 29.2% over the past 5 years.
Debt Coverage: SDN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SDN's interest payments on its debt are well covered by EBIT (10.4x coverage).