TienLen Steel Corporation Balance Sheet Health
Financial Health criteria checks 2/6
TienLen Steel has a total shareholder equity of ₫1,861.9B and total debt of ₫1,654.8B, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are ₫4,334.4B and ₫2,472.5B respectively. TienLen Steel's EBIT is ₫56.5B making its interest coverage ratio 0.6. It has cash and short-term investments of ₫159.4B.
Key information
88.9%
Debt to equity ratio
₫1.65t
Debt
Interest coverage ratio | 0.6x |
Cash | ₫159.41b |
Equity | ₫1.86t |
Total liabilities | ₫2.47t |
Total assets | ₫4.33t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLH's short term assets (₫3,755.1B) exceed its short term liabilities (₫2,466.6B).
Long Term Liabilities: TLH's short term assets (₫3,755.1B) exceed its long term liabilities (₫5.9B).
Debt to Equity History and Analysis
Debt Level: TLH's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: TLH's debt to equity ratio has increased from 60.4% to 88.9% over the past 5 years.
Debt Coverage: TLH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TLH's interest payments on its debt are not well covered by EBIT (0.6x coverage).