Ha Tien 1 Cement Balance Sheet Health
Financial Health criteria checks 4/6
Ha Tien 1 Cement has a total shareholder equity of ₫4,858.8B and total debt of ₫1,314.0B, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are ₫8,246.0B and ₫3,387.2B respectively. Ha Tien 1 Cement's EBIT is ₫184.2B making its interest coverage ratio 1.6. It has cash and short-term investments of ₫342.2B.
Key information
27.0%
Debt to equity ratio
₫1.31t
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₫342.17b |
| Equity | ₫4.86t |
| Total liabilities | ₫3.39t |
| Total assets | ₫8.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HT1's short term assets (₫1,779.6B) do not cover its short term liabilities (₫3,366.5B).
Long Term Liabilities: HT1's short term assets (₫1,779.6B) exceed its long term liabilities (₫20.8B).
Debt to Equity History and Analysis
Debt Level: HT1's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: HT1's debt to equity ratio has reduced from 54.9% to 27% over the past 5 years.
Debt Coverage: HT1's debt is well covered by operating cash flow (88.3%).
Interest Coverage: HT1's interest payments on its debt are not well covered by EBIT (1.6x coverage).