TienLen Steel Corporation Balance Sheet Health
Financial Health criteria checks 2/6
TienLen Steel has a total shareholder equity of ₫1,578.4B and total debt of ₫1,711.5B, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are ₫4,009.2B and ₫2,430.8B respectively.
Key information
108.4%
Debt to equity ratio
₫1.71t
Debt
| Interest coverage ratio | n/a |
| Cash | ₫169.68b |
| Equity | ₫1.58t |
| Total liabilities | ₫2.43t |
| Total assets | ₫4.01t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLH's short term assets (₫3,501.0B) exceed its short term liabilities (₫2,429.0B).
Long Term Liabilities: TLH's short term assets (₫3,501.0B) exceed its long term liabilities (₫1.8B).
Debt to Equity History and Analysis
Debt Level: TLH's net debt to equity ratio (97.7%) is considered high.
Reducing Debt: TLH's debt to equity ratio has increased from 69.4% to 108.4% over the past 5 years.
Debt Coverage: TLH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TLH's interest payments on its debt are well covered by EBIT.