Danang Port Balance Sheet Health
Financial Health criteria checks 5/6
Danang Port has a total shareholder equity of ₫1,767.6B and total debt of ₫329.6B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are ₫2,263.3B and ₫495.7B respectively. Danang Port's EBIT is ₫319.4B making its interest coverage ratio -8.7. It has cash and short-term investments of ₫630.8B.
Key information
18.6%
Debt to equity ratio
₫329.62b
Debt
Interest coverage ratio | -8.7x |
Cash | ₫630.84b |
Equity | ₫1.77t |
Total liabilities | ₫495.66b |
Total assets | ₫2.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDN's short term assets (₫973.3B) exceed its short term liabilities (₫209.6B).
Long Term Liabilities: CDN's short term assets (₫973.3B) exceed its long term liabilities (₫286.1B).
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 16.3% to 18.6% over the past 5 years.
Debt Coverage: CDN's debt is well covered by operating cash flow (89.4%).
Interest Coverage: CDN earns more interest than it pays, so coverage of interest payments is not a concern.