Tong Herr Resources Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Tong Herr Resources Berhad has a total shareholder equity of MYR609.0M and total debt of MYR19.8M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are MYR664.7M and MYR55.7M respectively. Tong Herr Resources Berhad's EBIT is MYR5.5M making its interest coverage ratio 26.4. It has cash and short-term investments of MYR127.7M.
Key information
3.3%
Debt to equity ratio
RM19.81m
Debt
| Interest coverage ratio | 26.4x |
| Cash | RM127.73m |
| Equity | RM609.00m |
| Total liabilities | RM55.68m |
| Total assets | RM664.69m |
Recent financial health updates
Is Tong Herr Resources Berhad (KLSE:TONGHER) A Risky Investment?
Mar 02
These 4 Measures Indicate That Tong Herr Resources Berhad (KLSE:TONGHER) Is Using Debt Safely
Nov 26
Recent updates
Tong Herr Resources Berhad's (KLSE:TONGHER) Dividend Will Be Reduced To MYR0.075
Apr 28Tong Herr Resources Berhad's (KLSE:TONGHER) Promising Earnings May Rest On Soft Foundations
Mar 04Tong Herr Resources Berhad (KLSE:TONGHER) Is Experiencing Growth In Returns On Capital
Aug 31Should You Or Shouldn't You: A Dividend Analysis on Tong Herr Resources Berhad (KLSE:TONGHER)
Mar 31Is Tong Herr Resources Berhad (KLSE:TONGHER) A Risky Investment?
Mar 02Would Shareholders Who Purchased Tong Herr Resources Berhad's (KLSE:TONGHER) Stock Three Years Be Happy With The Share price Today?
Feb 03Does Tong Herr Resources Berhad (KLSE:TONGHER) Have A Place In Your Dividend Portfolio?
Dec 16These 4 Measures Indicate That Tong Herr Resources Berhad (KLSE:TONGHER) Is Using Debt Safely
Nov 26Financial Position Analysis
Short Term Liabilities: TONGHER's short term assets (MYR516.1M) exceed its short term liabilities (MYR50.1M).
Long Term Liabilities: TONGHER's short term assets (MYR516.1M) exceed its long term liabilities (MYR5.6M).
Debt to Equity History and Analysis
Debt Level: TONGHER has more cash than its total debt.
Reducing Debt: TONGHER's debt to equity ratio has reduced from 25.8% to 3.3% over the past 5 years.
Debt Coverage: TONGHER's debt is well covered by operating cash flow (322.5%).
Interest Coverage: TONGHER's interest payments on its debt are well covered by EBIT (26.4x coverage).