F.I.T Group Balance Sheet Health
Financial Health criteria checks 5/6
F.I.T Group has a total shareholder equity of ₫5,866.1B and total debt of ₫1,194.1B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₫7,389.2B and ₫1,523.2B respectively. F.I.T Group's EBIT is ₫83.9B making its interest coverage ratio 153.6. It has cash and short-term investments of ₫929.2B.
Key information
20.4%
Debt to equity ratio
₫1.19t
Debt
Interest coverage ratio | 153.6x |
Cash | ₫929.24b |
Equity | ₫5.87t |
Total liabilities | ₫1.52t |
Total assets | ₫7.39t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FIT's short term assets (₫5,306.9B) exceed its short term liabilities (₫1,217.4B).
Long Term Liabilities: FIT's short term assets (₫5,306.9B) exceed its long term liabilities (₫305.8B).
Debt to Equity History and Analysis
Debt Level: FIT's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: FIT's debt to equity ratio has reduced from 21.5% to 20.4% over the past 5 years.
Debt Coverage: FIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FIT's interest payments on its debt are well covered by EBIT (153.6x coverage).