Phu Tai Balance Sheet Health
Financial Health criteria checks 5/6
Phu Tai has a total shareholder equity of ₫2,810.8B and total debt of ₫1,669.0B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are ₫5,306.4B and ₫2,495.6B respectively. Phu Tai's EBIT is ₫498.9B making its interest coverage ratio 4.6. It has cash and short-term investments of ₫448.0B.
Key information
59.4%
Debt to equity ratio
₫1.67t
Debt
Interest coverage ratio | 4.6x |
Cash | ₫447.98b |
Equity | ₫2.81t |
Total liabilities | ₫2.50t |
Total assets | ₫5.31t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTB's short term assets (₫2,983.8B) exceed its short term liabilities (₫2,361.0B).
Long Term Liabilities: PTB's short term assets (₫2,983.8B) exceed its long term liabilities (₫134.6B).
Debt to Equity History and Analysis
Debt Level: PTB's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: PTB's debt to equity ratio has reduced from 72.7% to 59.4% over the past 5 years.
Debt Coverage: PTB's debt is well covered by operating cash flow (46.6%).
Interest Coverage: PTB's interest payments on its debt are well covered by EBIT (4.6x coverage).