Tong Herr Resources Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Tong Herr Resources Berhad has a total shareholder equity of MYR582.3M and total debt of MYR16.9M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are MYR629.5M and MYR47.1M respectively.
Key information
2.9%
Debt to equity ratio
RM 16.91m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 130.41m |
| Equity | RM 582.34m |
| Total liabilities | RM 47.13m |
| Total assets | RM 629.47m |
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 (KLSE:TONGHER) Is Reducing Its Dividend To MYR0.075
May 29Tong 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 (MYR488.2M) exceed its short term liabilities (MYR41.5M).
Long Term Liabilities: TONGHER's short term assets (MYR488.2M) 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 20.3% to 2.9% over the past 5 years.
Debt Coverage: TONGHER's debt is well covered by operating cash flow (283.8%).
Interest Coverage: Insufficient data to determine if TONGHER's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 14:25 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tong Herr Resources Berhad is covered by 3 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 |
|---|---|
| May Wong | Affin Hwang Investment Bank |
| Sem Ng | OSK-DMG |
| Jia Lim | RHB Investment Bank |