Thanh Thai Group Balance Sheet Health
Financial Health criteria checks 6/6
Thanh Thai Group has a total shareholder equity of ₫40.8B and total debt of ₫16.2B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are ₫64.1B and ₫23.3B respectively. Thanh Thai Group's EBIT is ₫233.7M making its interest coverage ratio -0.3. It has cash and short-term investments of ₫1.0B.
Key information
39.7%
Debt to equity ratio
₫16.20b
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₫1.00b |
| Equity | ₫40.79b |
| Total liabilities | ₫23.33b |
| Total assets | ₫64.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KKC's short term assets (₫59.7B) exceed its short term liabilities (₫23.3B).
Long Term Liabilities: KKC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KKC's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: KKC's debt to equity ratio has reduced from 156.9% to 39.7% over the past 5 years.
Debt Coverage: KKC's debt is well covered by operating cash flow (192.3%).
Interest Coverage: KKC earns more interest than it pays, so coverage of interest payments is not a concern.