TRC Synergy Berhad Balance Sheet Health
Financial Health criteria checks 6/6
TRC Synergy Berhad has a total shareholder equity of MYR553.1M and total debt of MYR102.1M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are MYR981.7M and MYR428.6M respectively. TRC Synergy Berhad's EBIT is MYR17.0M making its interest coverage ratio -3. It has cash and short-term investments of MYR413.8M.
Key information
18.5%
Debt to equity ratio
RM102.11m
Debt
| Interest coverage ratio | -3x |
| Cash | RM413.83m |
| Equity | RM553.07m |
| Total liabilities | RM428.63m |
| Total assets | RM981.71m |
Recent financial health updates
TRC Synergy Berhad (KLSE:TRC) Could Easily Take On More Debt
Jan 12
TRC Synergy Berhad (KLSE:TRC) Could Easily Take On More Debt
Sep 01We Think TRC Synergy Berhad (KLSE:TRC) Can Stay On Top Of Its Debt
Jan 30These 4 Measures Indicate That TRC Synergy Berhad (KLSE:TRC) Is Using Debt Extensively
May 27We Think TRC Synergy Berhad (KLSE:TRC) Is Taking Some Risk With Its Debt
Feb 23We Think TRC Synergy Berhad (KLSE:TRC) Is Taking Some Risk With Its Debt
Nov 25Recent updates
There's No Escaping TRC Synergy Berhad's (KLSE:TRC) Muted Earnings Despite A 28% Share Price Rise
Jan 29TRC Synergy Berhad (KLSE:TRC) Could Easily Take On More Debt
Jan 12Analysts Are Betting On TRC Synergy Berhad (KLSE:TRC) With A Big Upgrade This Week
Nov 15Need To Know: Analysts Just Made A Substantial Cut To Their TRC Synergy Berhad (KLSE:TRC) Estimates
Sep 03TRC Synergy Berhad (KLSE:TRC) Could Easily Take On More Debt
Sep 01TRC Synergy Berhad (KLSE:TRC) Is Due To Pay A Dividend Of MYR0.012
Jun 21We Think TRC Synergy Berhad (KLSE:TRC) Can Stay On Top Of Its Debt
Jan 30There Are Reasons To Feel Uneasy About TRC Synergy Berhad's (KLSE:TRC) Returns On Capital
Aug 01TRC Synergy Berhad (KLSE:TRC) Is Increasing Its Dividend To RM0.012
May 09These 4 Measures Indicate That TRC Synergy Berhad (KLSE:TRC) Is Using Debt Extensively
May 27TRC Synergy Berhad (KLSE:TRC) Is Reinvesting At Lower Rates Of Return
Mar 31We Think TRC Synergy Berhad (KLSE:TRC) Is Taking Some Risk With Its Debt
Feb 23Could TRC Synergy Berhad (KLSE:TRC) Have The Makings Of Another Dividend Aristocrat?
Jan 25Should You Be Impressed By TRC Synergy Berhad's (KLSE:TRC) Returns on Capital?
Dec 29
We Think TRC Synergy Berhad (KLSE:TRC) Is Taking Some Risk With Its Debt
Nov 25Financial Position Analysis
Short Term Liabilities: TRC's short term assets (MYR679.9M) exceed its short term liabilities (MYR296.8M).
Long Term Liabilities: TRC's short term assets (MYR679.9M) exceed its long term liabilities (MYR131.9M).
Debt to Equity History and Analysis
Debt Level: TRC has more cash than its total debt.
Reducing Debt: TRC's debt to equity ratio has reduced from 55.8% to 18.5% over the past 5 years.
Debt Coverage: TRC's debt is well covered by operating cash flow (200.2%).
Interest Coverage: TRC earns more interest than it pays, so coverage of interest payments is not a concern.