Thien Long Group Balance Sheet Health
Financial Health criteria checks 6/6
Thien Long Group has a total shareholder equity of ₫2,094.0B and total debt of ₫283.6B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₫2,808.4B and ₫714.5B respectively. Thien Long Group's EBIT is ₫425.1B making its interest coverage ratio -54.2. It has cash and short-term investments of ₫706.7B.
Key information
13.5%
Debt to equity ratio
₫283.64b
Debt
Interest coverage ratio | -54.2x |
Cash | ₫706.65b |
Equity | ₫2.09t |
Total liabilities | ₫714.47b |
Total assets | ₫2.81t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLG's short term assets (₫2,074.5B) exceed its short term liabilities (₫659.5B).
Long Term Liabilities: TLG's short term assets (₫2,074.5B) exceed its long term liabilities (₫54.9B).
Debt to Equity History and Analysis
Debt Level: TLG has more cash than its total debt.
Reducing Debt: TLG's debt to equity ratio has reduced from 17.5% to 13.5% over the past 5 years.
Debt Coverage: TLG's debt is well covered by operating cash flow (87.8%).
Interest Coverage: TLG earns more interest than it pays, so coverage of interest payments is not a concern.