Ha Tien 1 Cement Balance Sheet Health
Financial Health criteria checks 4/6
Ha Tien 1 Cement has a total shareholder equity of ₫4,808.2B and total debt of ₫1,592.1B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are ₫8,342.0B and ₫3,533.8B respectively. Ha Tien 1 Cement's EBIT is ₫210.6B making its interest coverage ratio 2.1. It has cash and short-term investments of ₫440.9B.
Key information
33.1%
Debt to equity ratio
₫1.59t
Debt
Interest coverage ratio | 2.1x |
Cash | ₫440.91b |
Equity | ₫4.81t |
Total liabilities | ₫3.53t |
Total assets | ₫8.34t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HT1's short term assets (₫1,829.9B) do not cover its short term liabilities (₫3,513.7B).
Long Term Liabilities: HT1's short term assets (₫1,829.9B) exceed its long term liabilities (₫20.1B).
Debt to Equity History and Analysis
Debt Level: HT1's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: HT1's debt to equity ratio has reduced from 71.7% to 33.1% over the past 5 years.
Debt Coverage: HT1's debt is well covered by operating cash flow (54.2%).
Interest Coverage: HT1's interest payments on its debt are not well covered by EBIT (2.1x coverage).