TRC Synergy Berhad Balance Sheet Health
Financial Health criteria checks 5/6
TRC Synergy Berhad has a total shareholder equity of MYR558.7M and total debt of MYR110.9M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are MYR952.5M and MYR393.8M respectively. TRC Synergy Berhad's EBIT is MYR13.8M making its interest coverage ratio -1.3. It has cash and short-term investments of MYR377.9M.
Key information
19.9%
Debt to equity ratio
RM 110.92m
Debt
| Interest coverage ratio | -1.3x |
| Cash | RM 377.89m |
| Equity | RM 558.72m |
| Total liabilities | RM 393.78m |
| Total assets | RM 952.50m |
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
TRC Synergy Berhad's (KLSE:TRC) Problems Go Beyond Weak Profit
Sep 06What You Need To Know About The TRC Synergy Berhad (KLSE:TRC) Analyst Downgrade Today
Sep 04Newsflash: TRC Synergy Berhad (KLSE:TRC) Analysts Have Been Trimming Their Revenue Forecasts
Jun 02Here's What's Concerning About TRC Synergy Berhad's (KLSE:TRC) Returns On Capital
May 30There'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 (MYR648.5M) exceed its short term liabilities (MYR269.3M).
Long Term Liabilities: TRC's short term assets (MYR648.5M) exceed its long term liabilities (MYR124.4M).
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 46.1% to 19.9% over the past 5 years.
Debt Coverage: TRC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TRC earns more interest than it pays, so coverage of interest payments is not a concern.