Danang Rubber JSC

Danang Rubber JSC Interest Coverage

The Interest Coverage Ratio of Danang Rubber JSC (DRC.VN) as of Oct 21, 2026 is 13.35. In the previous year, Interest Coverage Ratio was 17.24 — a change of -22.54% (lower).

Interest Coverage

13.35

YoY

-22.54%

Last updated:

Interest Coverage Ratio of Danang Rubber JSC is 2024 13.35 . Interest Coverage Ratio of Danang Rubber JSC was 2023 17.24 . It decreases by -22.54% lower compared to the previous year.

The Danang Rubber JSC Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
6.65 VND
Jan 1, 2018
4.34 VND
Jan 1, 2019
11.73 VND
Jan 1, 2020
50.13 VND
Jan 1, 2021
18.86 VND
Jan 1, 2022
33.62 VND
Jan 1, 2023
17.24 VND
Jan 1, 2024
13.35 VND
The Danang Rubber JSC Interest Coverage history
YEARInterest CoverageYoY
13.35-22.54%
17.24-48.73%
33.62+78.22%
18.86-62.37%
50.13+327.31%
11.73+170.54%
4.34-34.74%
6.65-55.64%
14.98+99.46%
7.51+27.16%
5.91—

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Danang Rubber JSC Stock analysis

What does Danang Rubber JSC do? Danang Rubber JSC manufactures vehicle tires, inner tubes, and other rubber products for automobiles, motorbikes, and bicycles. The company also produces rubber products for mechanical uses and trades materials and supplies for the rubber industry. Danang Rubber JSC offers installation services for machinery and equipment used in rubber processing activities. The company generates revenue through the sale of tires, inner tubes, and rubber products to automotive and transportation sectors, as well as through the trade of rubber industry materials and supplies. Its primary customers include automotive manufacturers, bicycle and motorbike producers, and businesses requiring rubber processing machinery installation. The company's product portfolio includes tires, inner tubes, and rubber-derived products for various vehicle types. It serves the automotive, motorbike, and bicycle markets with its rubber products. Danang Rubber JSC's business model focuses on manufacturing, trading, and providing installation services for rubber processing equipment, targeting industrial clients and vehicle manufacturers in the rubber industry. Danang Rubber JSC's revenue streams come from the production and sale of tires, inner tubes, and rubber products for automobiles, motorbikes, and bicycles. The company also earns income from trading rubber industry materials and supplies, as well as offering installation services for rubber processing machinery. Its key segments are the automotive, motorbike, and bicycle industries, along with the rubber processing machinery sector. Danang Rubber JSC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Danang Rubber JSC stock

Interest Coverage Ratio of Danang Rubber JSC is 13.35 in 2024.

Interest Coverage Ratio of Danang Rubber JSC changed from 17.24 to 13.35, representing a -22.54% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Danang Rubber JSC since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Danang Rubber JSC with sector peers and the industry average to assess whether it is attractive.

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Leverage — Danang Rubber JSC

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