Ba Ria - Vung Tau House Development Balance Sheet Health
Financial Health criteria checks 3/6
Ba Ria - Vung Tau House Development has a total shareholder equity of ₫1,863.8B and total debt of ₫1,690.3B, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are ₫4,421.8B and ₫2,558.1B respectively. Ba Ria - Vung Tau House Development's EBIT is ₫408.9B making its interest coverage ratio 5.2. It has cash and short-term investments of ₫83.2B.
Key information
90.7%
Debt to equity ratio
₫1.69t
Debt
Interest coverage ratio | 5.2x |
Cash | ₫83.15b |
Equity | ₫1.86t |
Total liabilities | ₫2.56t |
Total assets | ₫4.42t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HDC's short term assets (₫2,270.9B) exceed its short term liabilities (₫1,588.0B).
Long Term Liabilities: HDC's short term assets (₫2,270.9B) exceed its long term liabilities (₫970.0B).
Debt to Equity History and Analysis
Debt Level: HDC's net debt to equity ratio (86.2%) is considered high.
Reducing Debt: HDC's debt to equity ratio has increased from 72.9% to 90.7% over the past 5 years.
Debt Coverage: HDC's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: HDC's interest payments on its debt are well covered by EBIT (5.2x coverage).