Truong Thanh Furniture Balance Sheet Health
Financial Health criteria checks 3/6
Truong Thanh Furniture has a total shareholder equity of ₫222.0B and total debt of ₫486.1B, which brings its debt-to-equity ratio to 218.9%. Its total assets and total liabilities are ₫2,708.3B and ₫2,486.3B respectively.
Key information
218.9%
Debt to equity ratio
₫486.08b
Debt
| Interest coverage ratio | n/a |
| Cash | ₫125.96b |
| Equity | ₫222.02b |
| Total liabilities | ₫2.49t |
| Total assets | ₫2.71t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTF's short term assets (₫1,471.4B) exceed its short term liabilities (₫1,422.5B).
Long Term Liabilities: TTF's short term assets (₫1,471.4B) exceed its long term liabilities (₫1,063.8B).
Debt to Equity History and Analysis
Debt Level: TTF's net debt to equity ratio (162.2%) is considered high.
Reducing Debt: TTF had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TTF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TTF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.4% each year