Tay Ninh Rubber Balance Sheet Health
Financial Health criteria checks 6/6
Tay Ninh Rubber has a total shareholder equity of ₫1,689.6B and total debt of ₫163.2B, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are ₫1,989.1B and ₫299.4B respectively. Tay Ninh Rubber's EBIT is ₫75.7B making its interest coverage ratio -11.5. It has cash and short-term investments of ₫90.9B.
Key information
9.7%
Debt to equity ratio
₫163.16b
Debt
Interest coverage ratio | -11.5x |
Cash | ₫90.93b |
Equity | ₫1.69t |
Total liabilities | ₫299.43b |
Total assets | ₫1.99t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRC's short term assets (₫375.9B) exceed its short term liabilities (₫170.1B).
Long Term Liabilities: TRC's short term assets (₫375.9B) exceed its long term liabilities (₫129.4B).
Debt to Equity History and Analysis
Debt Level: TRC's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: TRC's debt to equity ratio has reduced from 16.7% to 9.7% over the past 5 years.
Debt Coverage: TRC's debt is well covered by operating cash flow (82.3%).
Interest Coverage: TRC earns more interest than it pays, so coverage of interest payments is not a concern.