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 ₫10,301.6B and total debt of ₫44.3B, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₫12,084.7B and ₫1,783.0B respectively. Tan Tao Investment and Industry's EBIT is ₫249.9B making its interest coverage ratio 191.4. It has cash and short-term investments of ₫57.9B.
Key information
0.4%
Debt to equity ratio
₫44.29b
Debt
Interest coverage ratio | 191.4x |
Cash | ₫57.88b |
Equity | ₫10.30t |
Total liabilities | ₫1.78t |
Total assets | ₫12.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITA's short term assets (₫4,919.7B) exceed its short term liabilities (₫1,245.5B).
Long Term Liabilities: ITA's short term assets (₫4,919.7B) exceed its long term liabilities (₫537.6B).
Debt to Equity History and Analysis
Debt Level: ITA has more cash than its total debt.
Reducing Debt: ITA's debt to equity ratio has reduced from 8.2% to 0.4% over the past 5 years.
Debt Coverage: ITA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ITA's interest payments on its debt are well covered by EBIT (191.4x coverage).