Tien Phong Plastic Balance Sheet Health
Financial Health criteria checks 6/6
Tien Phong Plastic has a total shareholder equity of ₫3,224.5B and total debt of ₫1,410.2B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are ₫5,188.9B and ₫1,964.4B respectively. Tien Phong Plastic's EBIT is ₫691.1B making its interest coverage ratio -86.7. It has cash and short-term investments of ₫1,252.5B.
Key information
43.7%
Debt to equity ratio
₫1.41t
Debt
Interest coverage ratio | -86.7x |
Cash | ₫1.25t |
Equity | ₫3.22t |
Total liabilities | ₫1.96t |
Total assets | ₫5.19t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTP's short term assets (₫3,263.4B) exceed its short term liabilities (₫1,964.4B).
Long Term Liabilities: NTP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NTP's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: NTP's debt to equity ratio has reduced from 80.5% to 43.7% over the past 5 years.
Debt Coverage: NTP's debt is well covered by operating cash flow (23.2%).
Interest Coverage: NTP earns more interest than it pays, so coverage of interest payments is not a concern.