Tan Chong Motor Holdings Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Tan Chong Motor Holdings Berhad has a total shareholder equity of MYR2.7B and total debt of MYR1.5B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are MYR5.1B and MYR2.4B respectively.
Key information
56.3%
Debt to equity ratio
RM1.54b
Debt
| Interest coverage ratio | n/a |
| Cash | RM537.45m |
| Equity | RM2.74b |
| Total liabilities | RM2.37b |
| Total assets | RM5.11b |
Recent financial health updates
Recent updates
Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Is Due To Pay A Dividend Of MYR0.01
May 26
Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Earnings Are Weaker Than They Seem
Nov 29Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Dividend Will Be RM0.015
May 26Consider This Before Buying Tan Chong Motor Holdings Berhad (KLSE:TCHONG) For The 2.6% Dividend
Apr 01If You Had Bought Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Shares Five Years Ago You Would Be Down 51%
Mar 02Is Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) Shareholder Ownership Skewed Towards Insiders?
Feb 03
Is Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Using Too Much Debt?
Jan 05Just Three Days Till Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Will Be Trading Ex-Dividend
Dec 06Financial Position Analysis
Short Term Liabilities: TCHONG's short term assets (MYR1.9B) exceed its short term liabilities (MYR1.5B).
Long Term Liabilities: TCHONG's short term assets (MYR1.9B) exceed its long term liabilities (MYR899.3M).
Debt to Equity History and Analysis
Debt Level: TCHONG's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: TCHONG's debt to equity ratio has increased from 54% to 56.3% over the past 5 years.
Debt Coverage: TCHONG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TCHONG's interest payments on its debt are well covered by EBIT.