Phu Tai Balance Sheet Health
Financial Health criteria checks 6/6
Phu Tai has a total shareholder equity of ₫2,955.1B and total debt of ₫1,324.8B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are ₫5,174.0B and ₫2,218.9B respectively. Phu Tai's EBIT is ₫491.2B making its interest coverage ratio 6.3. It has cash and short-term investments of ₫255.0B.
Key information
44.8%
Debt to equity ratio
₫1.32t
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₫255.04b |
| Equity | ₫2.96t |
| Total liabilities | ₫2.22t |
| Total assets | ₫5.17t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTB's short term assets (₫2,938.6B) exceed its short term liabilities (₫2,094.2B).
Long Term Liabilities: PTB's short term assets (₫2,938.6B) exceed its long term liabilities (₫124.7B).
Debt to Equity History and Analysis
Debt Level: PTB's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: PTB's debt to equity ratio has reduced from 96.3% to 44.8% over the past 5 years.
Debt Coverage: PTB's debt is well covered by operating cash flow (45.4%).
Interest Coverage: PTB's interest payments on its debt are well covered by EBIT (6.3x coverage).