Tiasang Battery Balance Sheet Health
Financial Health criteria checks 6/6
Tiasang Battery has a total shareholder equity of ₫79.4B and total debt of ₫15.1B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ₫108.9B and ₫29.6B respectively. Tiasang Battery's EBIT is ₫5.0B making its interest coverage ratio -11.4. It has cash and short-term investments of ₫20.5B.
Key information
19.0%
Debt to equity ratio
₫15.08b
Debt
Interest coverage ratio | -11.4x |
Cash | ₫20.47b |
Equity | ₫79.37b |
Total liabilities | ₫29.55b |
Total assets | ₫108.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSB's short term assets (₫85.8B) exceed its short term liabilities (₫29.4B).
Long Term Liabilities: TSB's short term assets (₫85.8B) exceed its long term liabilities (₫170.9M).
Debt to Equity History and Analysis
Debt Level: TSB has more cash than its total debt.
Reducing Debt: TSB's debt to equity ratio has reduced from 50.2% to 19% over the past 5 years.
Debt Coverage: TSB's debt is well covered by operating cash flow (118.3%).
Interest Coverage: TSB earns more interest than it pays, so coverage of interest payments is not a concern.