TNG Investment and Trading Balance Sheet Health
Financial Health criteria checks 3/6
TNG Investment and Trading has a total shareholder equity of ₫1,861.1B and total debt of ₫2,640.6B, which brings its debt-to-equity ratio to 141.9%. Its total assets and total liabilities are ₫5,251.4B and ₫3,390.2B respectively. TNG Investment and Trading's EBIT is ₫527.5B making its interest coverage ratio 3.4. It has cash and short-term investments of ₫298.8B.
Key information
141.9%
Debt to equity ratio
₫2.64t
Debt
Interest coverage ratio | 3.4x |
Cash | ₫298.76b |
Equity | ₫1.86t |
Total liabilities | ₫3.39t |
Total assets | ₫5.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNG's short term assets (₫2,124.8B) do not cover its short term liabilities (₫2,556.3B).
Long Term Liabilities: TNG's short term assets (₫2,124.8B) exceed its long term liabilities (₫834.0B).
Debt to Equity History and Analysis
Debt Level: TNG's net debt to equity ratio (125.8%) is considered high.
Reducing Debt: TNG's debt to equity ratio has reduced from 181.7% to 141.9% over the past 5 years.
Debt Coverage: TNG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TNG's interest payments on its debt are well covered by EBIT (3.4x coverage).