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 ratio | 0.7x |
| 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).