Danang Airports Services Balance Sheet Health
Financial Health criteria checks 6/6
Danang Airports Services has a total shareholder equity of ₫34.4B and total debt of ₫1.4B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₫79.4B and ₫45.0B respectively. Danang Airports Services's EBIT is ₫8.4B making its interest coverage ratio 22.7. It has cash and short-term investments of ₫19.9B.
Key information
4.2%
Debt to equity ratio
₫1.43b
Debt
| Interest coverage ratio | 22.7x |
| Cash | ₫19.94b |
| Equity | ₫34.40b |
| Total liabilities | ₫45.00b |
| Total assets | ₫79.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAS's short term assets (₫42.6B) exceed its short term liabilities (₫40.4B).
Long Term Liabilities: MAS's short term assets (₫42.6B) exceed its long term liabilities (₫4.6B).
Debt to Equity History and Analysis
Debt Level: MAS has more cash than its total debt.
Reducing Debt: MAS's debt to equity ratio has reduced from 31.6% to 4.2% over the past 5 years.
Debt Coverage: MAS's debt is well covered by operating cash flow (1640.8%).
Interest Coverage: MAS's interest payments on its debt are well covered by EBIT (22.7x coverage).