Thang Long Balance Sheet Health
Financial Health criteria checks 2/6
Thang Long has a total shareholder equity of ₫635.2B and total debt of ₫787.3B, which brings its debt-to-equity ratio to 124%. Its total assets and total liabilities are ₫2,818.2B and ₫2,183.0B respectively. Thang Long's EBIT is ₫93.2B making its interest coverage ratio 1.5. It has cash and short-term investments of ₫379.2B.
Key information
124.0%
Debt to equity ratio
₫787.32b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₫379.15b |
| Equity | ₫635.19b |
| Total liabilities | ₫2.18t |
| Total assets | ₫2.82t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTL's short term assets (₫2,421.2B) exceed its short term liabilities (₫2,105.6B).
Long Term Liabilities: TTL's short term assets (₫2,421.2B) exceed its long term liabilities (₫77.4B).
Debt to Equity History and Analysis
Debt Level: TTL's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: TTL's debt to equity ratio has increased from 11.2% to 124% over the past 5 years.
Debt Coverage: TTL's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: TTL's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 08:18 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thang Long Joint Stock Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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