Tien Giang Investment and Construction Balance Sheet Health
Financial Health criteria checks 4/6
Tien Giang Investment and Construction has a total shareholder equity of ₫682.9B and total debt of ₫495.3B, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are ₫1,801.2B and ₫1,118.4B respectively. Tien Giang Investment and Construction's EBIT is ₫144.3B making its interest coverage ratio 13.1. It has cash and short-term investments of ₫210.1B.
Key information
72.5%
Debt to equity ratio
₫495.25b
Debt
Interest coverage ratio | 13.1x |
Cash | ₫210.13b |
Equity | ₫682.86b |
Total liabilities | ₫1.12t |
Total assets | ₫1.80t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THG's short term assets (₫1,264.2B) exceed its short term liabilities (₫975.1B).
Long Term Liabilities: THG's short term assets (₫1,264.2B) exceed its long term liabilities (₫143.2B).
Debt to Equity History and Analysis
Debt Level: THG's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: THG's debt to equity ratio has reduced from 78.9% to 72.5% over the past 5 years.
Debt Coverage: THG's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: THG's interest payments on its debt are well covered by EBIT (13.1x coverage).