TienLen Steel Corporation Balance Sheet Health
Financial Health criteria checks 2/6
TienLen Steel has a total shareholder equity of ₫1,701.1B and total debt of ₫1,522.9B, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are ₫4,193.6B and ₫2,492.5B respectively.
Key information
89.5%
Debt to equity ratio
₫1.52t
Debt
| Interest coverage ratio | n/a |
| Cash | ₫176.84b |
| Equity | ₫1.70t |
| Total liabilities | ₫2.49t |
| Total assets | ₫4.19t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLH's short term assets (₫3,635.3B) exceed its short term liabilities (₫2,488.5B).
Long Term Liabilities: TLH's short term assets (₫3,635.3B) exceed its long term liabilities (₫4.0B).
Debt to Equity History and Analysis
Debt Level: TLH's net debt to equity ratio (79.1%) is considered high.
Reducing Debt: TLH's debt to equity ratio has increased from 82.7% to 89.5% 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.