Thanh Cong Textile Garment Investment Trading Balance Sheet Health
Financial Health criteria checks 6/6
Thanh Cong Textile Garment Investment Trading has a total shareholder equity of ₫2,072.8B and total debt of ₫0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₫3,234.6B and ₫1,161.8B respectively. Thanh Cong Textile Garment Investment Trading's EBIT is ₫221.8B making its interest coverage ratio 252.8. It has cash and short-term investments of ₫793.5B.
Key information
0%
Debt to equity ratio
₫0
Debt
| Interest coverage ratio | 252.8x |
| Cash | ₫793.47b |
| Equity | ₫2.07t |
| Total liabilities | ₫1.16t |
| Total assets | ₫3.23t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCM's short term assets (₫2,108.5B) exceed its short term liabilities (₫1,061.6B).
Long Term Liabilities: TCM's short term assets (₫2,108.5B) exceed its long term liabilities (₫100.3B).
Debt to Equity History and Analysis
Debt Level: TCM is debt free.
Reducing Debt: TCM has no debt compared to 5 years ago when its debt to equity ratio was 78.4%.
Debt Coverage: TCM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TCM has no debt, therefore coverage of interest payments is not a concern.