F.I.T Group Balance Sheet Health
Financial Health criteria checks 5/6
F.I.T Group has a total shareholder equity of ₫5,908.9B and total debt of ₫999.3B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are ₫7,423.6B and ₫1,514.7B respectively. F.I.T Group's EBIT is ₫54.5B making its interest coverage ratio -1.7. It has cash and short-term investments of ₫923.9B.
Key information
16.9%
Debt to equity ratio
₫999.28b
Debt
| Interest coverage ratio | -1.7x |
| Cash | ₫923.86b |
| Equity | ₫5.91t |
| Total liabilities | ₫1.51t |
| Total assets | ₫7.42t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FIT's short term assets (₫5,243.4B) exceed its short term liabilities (₫1,206.2B).
Long Term Liabilities: FIT's short term assets (₫5,243.4B) exceed its long term liabilities (₫308.5B).
Debt to Equity History and Analysis
Debt Level: FIT's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: FIT's debt to equity ratio has reduced from 20.3% to 16.9% over the past 5 years.
Debt Coverage: FIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FIT earns more interest than it pays, so coverage of interest payments is not a concern.