Tiasang Battery Balance Sheet Health
Financial Health criteria checks 4/6
Tiasang Battery has a total shareholder equity of ₫78.2B and total debt of ₫29.9B, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are ₫118.7B and ₫40.5B respectively. Tiasang Battery's EBIT is ₫7.5B making its interest coverage ratio -10.5. It has cash and short-term investments of ₫23.9B.
Key information
38.2%
Debt to equity ratio
₫29.88b
Debt
| Interest coverage ratio | -10.5x |
| Cash | ₫23.86b |
| Equity | ₫78.22b |
| Total liabilities | ₫40.46b |
| Total assets | ₫118.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSB's short term assets (₫96.9B) exceed its short term liabilities (₫40.3B).
Long Term Liabilities: TSB's short term assets (₫96.9B) exceed its long term liabilities (₫170.9M).
Debt to Equity History and Analysis
Debt Level: TSB's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: TSB's debt to equity ratio has increased from 33.9% to 38.2% over the past 5 years.
Debt Coverage: TSB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TSB earns more interest than it pays, so coverage of interest payments is not a concern.