Duc Giang Chemicals Group Balance Sheet Health
Financial Health criteria checks 6/6
Duc Giang Chemicals Group has a total shareholder equity of ₫12,510.0B and total debt of ₫920.6B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₫14,458.6B and ₫1,948.6B respectively. Duc Giang Chemicals Group's EBIT is ₫2,724.9B making its interest coverage ratio -4.6. It has cash and short-term investments of ₫9,569.7B.
Key information
7.4%
Debt to equity ratio
₫920.57b
Debt
Interest coverage ratio | -4.6x |
Cash | ₫9.57t |
Equity | ₫12.51t |
Total liabilities | ₫1.95t |
Total assets | ₫14.46t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGC's short term assets (₫11,468.5B) exceed its short term liabilities (₫1,933.7B).
Long Term Liabilities: DGC's short term assets (₫11,468.5B) exceed its long term liabilities (₫14.9B).
Debt to Equity History and Analysis
Debt Level: DGC has more cash than its total debt.
Reducing Debt: DGC's debt to equity ratio has reduced from 30.8% to 7.4% over the past 5 years.
Debt Coverage: DGC's debt is well covered by operating cash flow (107.7%).
Interest Coverage: DGC earns more interest than it pays, so coverage of interest payments is not a concern.