Truong Long Engineering and Auto Balance Sheet Health
Financial Health criteria checks 6/6
Truong Long Engineering and Auto has a total shareholder equity of ₫258.8B and total debt of ₫28.1B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ₫448.2B and ₫189.4B respectively. Truong Long Engineering and Auto's EBIT is ₫34.7B making its interest coverage ratio 28.4. It has cash and short-term investments of ₫55.2B.
Key information
10.9%
Debt to equity ratio
₫28.13b
Debt
Interest coverage ratio | 28.4x |
Cash | ₫55.22b |
Equity | ₫258.75b |
Total liabilities | ₫189.44b |
Total assets | ₫448.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTL's short term assets (₫387.9B) exceed its short term liabilities (₫188.0B).
Long Term Liabilities: HTL's short term assets (₫387.9B) exceed its long term liabilities (₫1.4B).
Debt to Equity History and Analysis
Debt Level: HTL has more cash than its total debt.
Reducing Debt: HTL's debt to equity ratio has reduced from 37.7% to 10.9% over the past 5 years.
Debt Coverage: HTL's debt is well covered by operating cash flow (137.6%).
Interest Coverage: HTL's interest payments on its debt are well covered by EBIT (28.4x coverage).