Thien Long Group Balance Sheet Health
Financial Health criteria checks 5/6
Thien Long Group has a total shareholder equity of ₫2,392.0B and total debt of ₫445.7B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are ₫3,302.3B and ₫910.3B respectively. Thien Long Group's EBIT is ₫541.5B making its interest coverage ratio -45.9. It has cash and short-term investments of ₫1,097.9B.
Key information
18.6%
Debt to equity ratio
₫445.72b
Debt
| Interest coverage ratio | -45.9x |
| Cash | ₫1.10t |
| Equity | ₫2.39t |
| Total liabilities | ₫910.32b |
| Total assets | ₫3.30t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLG's short term assets (₫2,612.7B) exceed its short term liabilities (₫880.9B).
Long Term Liabilities: TLG's short term assets (₫2,612.7B) exceed its long term liabilities (₫29.4B).
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 increased from 9.2% to 18.6% over the past 5 years.
Debt Coverage: TLG's debt is well covered by operating cash flow (111.7%).
Interest Coverage: TLG earns more interest than it pays, so coverage of interest payments is not a concern.