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 ₫2,128.6B and total debt of ₫693.8B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are ₫3,692.3B and ₫1,563.7B respectively. Thanh Cong Textile Garment Investment Trading's EBIT is ₫260.5B making its interest coverage ratio 75.9. It has cash and short-term investments of ₫857.0B.
Key information
32.6%
Debt to equity ratio
₫693.83b
Debt
| Interest coverage ratio | 75.9x |
| Cash | ₫857.01b |
| Equity | ₫2.13t |
| Total liabilities | ₫1.56t |
| Total assets | ₫3.69t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCM's short term assets (₫2,382.8B) exceed its short term liabilities (₫1,486.1B).
Long Term Liabilities: TCM's short term assets (₫2,382.8B) exceed its long term liabilities (₫77.7B).
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 77.8% to 32.6% over the past 5 years.
Debt Coverage: TCM's debt is well covered by operating cash flow (65.7%).
Interest Coverage: TCM's interest payments on its debt are well covered by EBIT (75.9x coverage).