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 ₫700.4B and total debt of ₫504.0B, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are ₫2,036.3B and ₫1,335.9B respectively. Tien Giang Investment and Construction's EBIT is ₫139.7B making its interest coverage ratio 9.2. It has cash and short-term investments of ₫209.8B.
Key information
72.0%
Debt to equity ratio
₫504.00b
Debt
| Interest coverage ratio | 9.2x |
| Cash | ₫209.76b |
| Equity | ₫700.41b |
| Total liabilities | ₫1.34t |
| Total assets | ₫2.04t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THG's short term assets (₫1,481.2B) exceed its short term liabilities (₫1,190.0B).
Long Term Liabilities: THG's short term assets (₫1,481.2B) exceed its long term liabilities (₫145.8B).
Debt to Equity History and Analysis
Debt Level: THG's net debt to equity ratio (42%) is considered high.
Reducing Debt: THG's debt to equity ratio has reduced from 80.9% to 72% over the past 5 years.
Debt Coverage: THG's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: THG's interest payments on its debt are well covered by EBIT (9.2x coverage).