Taghill Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Taghill Holdings Berhad has a total shareholder equity of MYR160.9M and total debt of MYR190.7M, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are MYR681.6M and MYR520.8M respectively.
Key information
118.5%
Debt to equity ratio
RM 190.70m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 53.22m |
| Equity | RM 160.87m |
| Total liabilities | RM 520.76m |
| Total assets | RM 681.63m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TAGHILL's short term assets (MYR556.2M) exceed its short term liabilities (MYR484.9M).
Long Term Liabilities: TAGHILL's short term assets (MYR556.2M) exceed its long term liabilities (MYR35.8M).
Debt to Equity History and Analysis
Debt Level: TAGHILL's net debt to equity ratio (85.5%) is considered high.
Reducing Debt: TAGHILL's debt to equity ratio has increased from 51.9% to 118.5% 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: Whilst unprofitable TAGHILL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TAGHILL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.6% per year.