Trung An Hi - Tech Farming Balance Sheet Health
Financial Health criteria checks 3/6
Trung An Hi - Tech Farming has a total shareholder equity of ₫1,253.2B and total debt of ₫1,551.1B, which brings its debt-to-equity ratio to 123.8%. Its total assets and total liabilities are ₫2,994.0B and ₫1,740.8B respectively. Trung An Hi - Tech Farming's EBIT is ₫101.7B making its interest coverage ratio 1. It has cash and short-term investments of ₫14.1B.
Key information
123.8%
Debt to equity ratio
₫1.55t
Debt
| Interest coverage ratio | 1x |
| Cash | ₫14.05b |
| Equity | ₫1.25t |
| Total liabilities | ₫1.74t |
| Total assets | ₫2.99t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAR's short term assets (₫2,193.8B) exceed its short term liabilities (₫1,731.5B).
Long Term Liabilities: TAR's short term assets (₫2,193.8B) exceed its long term liabilities (₫9.3B).
Debt to Equity History and Analysis
Debt Level: TAR's net debt to equity ratio (122.6%) is considered high.
Reducing Debt: TAR's debt to equity ratio has reduced from 154.2% to 123.8% over the past 5 years.
Debt Coverage: TAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TAR's interest payments on its debt are not well covered by EBIT (1x coverage).