Timah Resources Balance Sheet Health
Financial Health criteria checks 2/6
Timah Resources has a total shareholder equity of MYR23.5M and total debt of MYR23.8M, which brings its debt-to-equity ratio to 101.1%. Its total assets and total liabilities are MYR55.1M and MYR31.6M respectively. Timah Resources's EBIT is MYR539.0K making its interest coverage ratio 0.5. It has cash and short-term investments of MYR10.2M.
Key information
101.1%
Debt to equity ratio
RM 23.75m
Debt
| Interest coverage ratio | 0.5x |
| Cash | RM 10.15m |
| Equity | RM 23.49m |
| Total liabilities | RM 31.60m |
| Total assets | RM 55.09m |
Recent financial health updates
Timah Resources (ASX:TML) Has Debt But No Earnings; Should You Worry?
Sep 16
Timah Resources (ASX:TML) Seems To Be Using A Lot Of Debt
Mar 30Timah Resources (ASX:TML) Takes On Some Risk With Its Use Of Debt
Oct 26These 4 Measures Indicate That Timah Resources (ASX:TML) Is Using Debt Extensively
May 12Recent updates
Timah Resources (ASX:TML) Is Looking To Continue Growing Its Returns On Capital
Sep 28Timah Resources (ASX:TML) Has Debt But No Earnings; Should You Worry?
Sep 16Timah Resources (ASX:TML) Is Looking To Continue Growing Its Returns On Capital
Jun 03Timah Resources (ASX:TML) Seems To Be Using A Lot Of Debt
Mar 30Returns Are Gaining Momentum At Timah Resources (ASX:TML)
Dec 18Timah Resources (ASX:TML) Takes On Some Risk With Its Use Of Debt
Oct 26These 4 Measures Indicate That Timah Resources (ASX:TML) Is Using Debt Extensively
May 12A Look At The Intrinsic Value Of Timah Resources Limited (ASX:TML)
Jan 13
Financial Position Analysis
Short Term Liabilities: TML's short term assets (MYR11.1M) exceed its short term liabilities (MYR529.0K).
Long Term Liabilities: TML's short term assets (MYR11.1M) do not cover its long term liabilities (MYR31.1M).
Debt to Equity History and Analysis
Debt Level: TML's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: TML's debt to equity ratio has reduced from 263.4% to 101.1% over the past 5 years.
Debt Coverage: TML's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: TML's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:54 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Timah Resources Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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