Tan Tao Investment and Industry Balance Sheet Health
Financial Health criteria checks 5/6
Tan Tao Investment and Industry has a total shareholder equity of ₫10,433.8B and total debt of ₫127.1B, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₫12,282.2B and ₫1,848.4B respectively. Tan Tao Investment and Industry's EBIT is ₫238.6B making its interest coverage ratio -121. It has cash and short-term investments of ₫68.3B.
Key information
1.2%
Debt to equity ratio
₫127.08b
Debt
| Interest coverage ratio | -121x |
| Cash | ₫68.30b |
| Equity | ₫10.43t |
| Total liabilities | ₫1.85t |
| Total assets | ₫12.28t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITA's short term assets (₫5,642.3B) exceed its short term liabilities (₫1,326.8B).
Long Term Liabilities: ITA's short term assets (₫5,642.3B) exceed its long term liabilities (₫521.6B).
Debt to Equity History and Analysis
Debt Level: ITA's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: ITA's debt to equity ratio has reduced from 4.7% to 1.2% over the past 5 years.
Debt Coverage: ITA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ITA earns more interest than it pays, so coverage of interest payments is not a concern.