Thang Long Investment Group Joint Stock Company

HNX:TIG Stock Report

Market Cap: ₫2.5t

Thang Long Investment Group Balance Sheet Health

Financial Health criteria checks 4/6

Thang Long Investment Group has a total shareholder equity of ₫2,580.4B and total debt of ₫577.0B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₫4,175.3B and ₫1,595.0B respectively. Thang Long Investment Group's EBIT is ₫112.8B making its interest coverage ratio -0.7. It has cash and short-term investments of ₫515.6B.

Key information

22.4%

Debt to equity ratio

₫576.95b

Debt

Interest coverage ratio-0.7x
Cash₫515.61b
Equity₫2.58t
Total liabilities₫1.59t
Total assets₫4.18t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TIG's short term assets (₫1,446.1B) exceed its short term liabilities (₫698.6B).

Long Term Liabilities: TIG's short term assets (₫1,446.1B) exceed its long term liabilities (₫896.4B).


Debt to Equity History and Analysis

Debt Level: TIG's net debt to equity ratio (2.4%) is considered satisfactory.

Reducing Debt: TIG's debt to equity ratio has increased from 7.1% to 22.4% over the past 5 years.

Debt Coverage: TIG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: TIG earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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