Danang Port Balance Sheet Health
Financial Health criteria checks 5/6
Danang Port has a total shareholder equity of ₫1,678.8B and total debt of ₫333.0B, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are ₫2,363.4B and ₫684.6B respectively. Danang Port's EBIT is ₫325.2B making its interest coverage ratio -10.3. It has cash and short-term investments of ₫750.2B.
Key information
19.8%
Debt to equity ratio
₫333.04b
Debt
| Interest coverage ratio | -10.3x |
| Cash | ₫750.19b |
| Equity | ₫1.68t |
| Total liabilities | ₫684.62b |
| Total assets | ₫2.36t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDN's short term assets (₫1,055.3B) exceed its short term liabilities (₫396.9B).
Long Term Liabilities: CDN's short term assets (₫1,055.3B) exceed its long term liabilities (₫287.7B).
Debt to Equity History and Analysis
Debt Level: CDN has more cash than its total debt.
Reducing Debt: CDN's debt to equity ratio has increased from 16% to 19.8% over the past 5 years.
Debt Coverage: CDN's debt is well covered by operating cash flow (122.8%).
Interest Coverage: CDN earns more interest than it pays, so coverage of interest payments is not a concern.