Tan Ky Construction Real Estate Trading Balance Sheet Health
Financial Health criteria checks 2/6
Tan Ky Construction Real Estate Trading has a total shareholder equity of ₫169.4B and total debt of ₫657.5B, which brings its debt-to-equity ratio to 388.2%. Its total assets and total liabilities are ₫1,869.5B and ₫1,700.1B respectively. Tan Ky Construction Real Estate Trading's EBIT is ₫17.7B making its interest coverage ratio 0.3. It has cash and short-term investments of ₫173.5M.
Key information
388.2%
Debt to equity ratio
₫657.54b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₫173.51m |
| Equity | ₫169.39b |
| Total liabilities | ₫1.70t |
| Total assets | ₫1.87t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKC's short term assets (₫1,808.0B) exceed its short term liabilities (₫1,573.9B).
Long Term Liabilities: TKC's short term assets (₫1,808.0B) exceed its long term liabilities (₫126.2B).
Debt to Equity History and Analysis
Debt Level: TKC's net debt to equity ratio (388.1%) is considered high.
Reducing Debt: TKC's debt to equity ratio has increased from 142.7% to 388.2% over the past 5 years.
Debt Coverage: TKC's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: TKC's interest payments on its debt are not well covered by EBIT (0.3x coverage).