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 ₫2,210.1B and total debt of ₫751.4B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are ₫3,758.7B and ₫1,548.6B respectively. Thanh Cong Textile Garment Investment Trading's EBIT is ₫285.5B making its interest coverage ratio 48.3. It has cash and short-term investments of ₫1,061.0B.
Key information
34.0%
Debt to equity ratio
₫751.39b
Debt
| Interest coverage ratio | 48.3x |
| Cash | ₫1.06t |
| Equity | ₫2.21t |
| Total liabilities | ₫1.55t |
| Total assets | ₫3.76t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCM's short term assets (₫2,538.5B) exceed its short term liabilities (₫1,471.9B).
Long Term Liabilities: TCM's short term assets (₫2,538.5B) exceed its long term liabilities (₫76.8B).
Debt to Equity History and Analysis
Debt Level: TCM has more cash than its total debt.
Reducing Debt: TCM's debt to equity ratio has reduced from 60.4% to 34% over the past 5 years.
Debt Coverage: TCM's debt is well covered by operating cash flow (67%).
Interest Coverage: TCM's interest payments on its debt are well covered by EBIT (48.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:16 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thanh Cong Textile Garment Investment Trading Joint Stock Company is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vinh Ngo | Bao Viet Securities Joint Stock Company |
| null null | FPT Securities |
| Phuong Pham | Mirae Asset Securities (Vietnam) |