Truong Long Engineering and Auto Balance Sheet Health
Financial Health criteria checks 5/6
Truong Long Engineering and Auto has a total shareholder equity of ₫218.3B and total debt of ₫53.0B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ₫313.4B and ₫95.1B respectively. Truong Long Engineering and Auto's EBIT is ₫49.7B making its interest coverage ratio 35.2. It has cash and short-term investments of ₫54.7B.
Key information
24.3%
Debt to equity ratio
₫52.99b
Debt
| Interest coverage ratio | 35.2x |
| Cash | ₫54.69b |
| Equity | ₫218.34b |
| Total liabilities | ₫95.08b |
| Total assets | ₫313.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTL's short term assets (₫257.1B) exceed its short term liabilities (₫94.3B).
Long Term Liabilities: HTL's short term assets (₫257.1B) exceed its long term liabilities (₫758.7M).
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 increased from 14.7% to 24.3% over the past 5 years.
Debt Coverage: HTL's debt is well covered by operating cash flow (145.4%).
Interest Coverage: HTL's interest payments on its debt are well covered by EBIT (35.2x coverage).