Tien Giang Packaging JSC

Tien Giang Packaging JSC Interest Coverage

The Interest Coverage Ratio of Tien Giang Packaging JSC (BTG.VN) as of Nov 3, 2026 is -159.43. In the previous year, Interest Coverage Ratio was -5.72 — a change of 2,688.03% (lower).

Interest Coverage

-159.43

YoY

2,688.03%

Last updated:

Interest Coverage Ratio of Tien Giang Packaging JSC is 2024 -159.43 . Interest Coverage Ratio of Tien Giang Packaging JSC was 2023 -5.72 . It decreases by 2,688.03% lower compared to the previous year.

The Tien Giang Packaging JSC Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
3.35 VND
Jan 1, 2018
0.85 VND
Jan 1, 2019
-8.01 VND
Jan 1, 2020
-0.09 VND
Jan 1, 2021
-5.50 VND
Jan 1, 2022
-0.47 VND
Jan 1, 2023
-5.72 VND
Jan 1, 2024
-159.43 VND
The Tien Giang Packaging JSC Interest Coverage history
YEARInterest CoverageYoY
-159.43+2,688.03%
-5.72+1,119.80%
-0.47-91.48%
-5.50+5,785.00%
-0.09-98.83%
-8.01-1,045.09%
0.85-74.69%
3.35+93.81%
1.73-45.48%
3.17-65.15%
9.09—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Get Free API Key

Tien Giang Packaging JSC Stock analysis

What does Tien Giang Packaging JSC do? Tien Giang Packaging JSC manufactures plastic bags, pouches, and films from polypropylene (PP) and polyethylene (PE) for food, animal feed, agricultural chemical, and garment manufacturers. The company supplies Tigipack-branded products to these industries, which include packaging solutions for their products. Additionally, Tien Giang Packaging engages in rice exporting and trading packaging materials and equipment for the packaging industry. The company's primary revenue streams come from the sale of PP and PE packaging products to food, animal feed, agricultural chemical, and garment manufacturers. Tigipack is the brand used for its packaging products, which are distributed to these key industrial segments. Rice exporting and packaging material trading also contribute to the company's income. Tien Giang Packaging JSC targets manufacturers in the food, animal feed, agricultural chemical, and garment sectors as its core customer base. These segments purchase the company's PP and PE packaging solutions, including plastic bags, pouches, and films. The company also serves the packaging industry through material and equipment trading, supporting its broader business ecosystem. Tien Giang Packaging JSC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Tien Giang Packaging JSC stock

Interest Coverage Ratio of Tien Giang Packaging JSC is -159.43 in 2024.

Interest Coverage Ratio of Tien Giang Packaging JSC changed from -5.72 to -159.43, representing a 2,688.03% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Tien Giang Packaging JSC since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Tien Giang Packaging JSC with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Get Free API Key

Leverage — Tien Giang Packaging JSC

Debt-to-EquityNet Debt / EBITDAInterest CoverageCurrent RatioQuick RatioCash RatioDebt / AssetsFinancial LeverageEquity RatioLT Debt/EquityNet Debt/EquityDebt/EBITDADSCRFinancial Debt RatioOCF/DebtFCF/DebtNet Debt/FCFDebt/Market Cap

All Key Metrics — Tien Giang Packaging JSC