Tung Kuang Industrial Joint Stock Company

HNX:TKU Stock Report

Market Cap: ₫693.8b

Tung Kuang Industrial Balance Sheet Health

Financial Health criteria checks 5/6

Tung Kuang Industrial has a total shareholder equity of ₫503.3B and total debt of ₫179.5B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are ₫818.5B and ₫315.2B respectively. Tung Kuang Industrial's EBIT is ₫4.2B making its interest coverage ratio 0.7. It has cash and short-term investments of ₫19.9B.

Key information

35.7%

Debt to equity ratio

₫179.54b

Debt

Interest coverage ratio0.7x
Cash₫19.91b
Equity₫503.28b
Total liabilities₫315.25b
Total assets₫818.52b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TKU's short term assets (₫506.5B) exceed its short term liabilities (₫310.2B).

Long Term Liabilities: TKU's short term assets (₫506.5B) exceed its long term liabilities (₫5.0B).


Debt to Equity History and Analysis

Debt Level: TKU's net debt to equity ratio (31.7%) is considered satisfactory.

Reducing Debt: TKU's debt to equity ratio has reduced from 58.1% to 35.7% over the past 5 years.

Debt Coverage: TKU's debt is well covered by operating cash flow (136.1%).

Interest Coverage: TKU's interest payments on its debt are not well covered by EBIT (0.7x coverage).


Balance Sheet


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