The company has established since 1993 as Truong Thanh private business enterprises in
Dalak
` In 2002, opened department as Truong Thanh Limited Liability Company in Thu Duc, Ho
Chi Minh City (TTTD).
About product:
Main product are furniture, plywood, veneer, MDF, particle board, floorings. In the other
hands. Products of Truong Thanh was qualified by ISO 9001:2008, FSC-C011411 and BRC.
Nowadays, customers are familiar with Truong Thanh product because of the quality and
varieties of models.
Field of Business:
-Purchasing, selling and exporting wooden products, wooden indoor and outdoor furniture;
wooden doors; fences, gates, decking, tiles, solid and engineering flooring
Current Ratio
2015 2016 (first quarter)
The current ratio is a liquidity ratio that measures a company's ability to pay short-
term and long-term obligations. To gauge this ability, the current ratio considers the current
total assets of a company (both liquid and illiquid) relative to that companys current
total liabilities. This number of TFF is 1,33 in 2015 and increases significantly to 2,34 that means
the company can able to pay maturing obligations and to meet unexpected needs for cash. The
higher the current ratio, the more capable the company is of paying its obligations, as it has a
larger proportion of asset value relative to the value of its liabilities.
The debt to assets ratio indicates the proportion of a company's assets that are being
financed with debt, rather than equity. The ratio is used to determine the financial risk of a
business. This ratio of TFF hasn't changed and stayed at low rate (lower than 1), that means this
company is running well with very low risk so the company can easily repay the debts when
maturity.