Tan Chong Motor Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Tan Chong Motor Holdings Berhad has a total shareholder equity of MYR2.7B and total debt of MYR1.6B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are MYR5.0B and MYR2.4B respectively.
Key information
58.7%
Debt to equity ratio
RM 1.57b
Debt
| Interest coverage ratio | n/a |
| Cash | RM 516.24m |
| Equity | RM 2.67b |
| Total liabilities | RM 2.37b |
| Total assets | RM 5.04b |
Recent financial health updates
Health Check: How Prudently Does Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Use Debt?
Nov 21
Is Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Using Too Much Debt?
Jan 05
Recent updates
Health Check: How Prudently Does Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Use Debt?
Nov 21Shareholders May Be More Conservative With Tan Chong Motor Holdings Berhad's (KLSE:TCHONG) CEO Compensation For Now
May 22Tan Chong Motor Holdings Berhad (KLSE:TCHONG) Is Due To Pay A Dividend Of MYR0.01
May 26Tan 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 03Is 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 (MYR1.7B).
Long Term Liabilities: TCHONG's short term assets (MYR1.9B) exceed its long term liabilities (MYR705.2M).
Debt to Equity History and Analysis
Debt Level: TCHONG's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: TCHONG's debt to equity ratio has increased from 54.3% to 58.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TCHONG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TCHONG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.8% each year