TSA Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
TSA Group Berhad has a total shareholder equity of MYR142.9M and total debt of MYR59.7M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are MYR223.0M and MYR80.1M respectively. TSA Group Berhad's EBIT is MYR29.6M making its interest coverage ratio 5.9. It has cash and short-term investments of MYR19.9M.
Key information
41.7%
Debt to equity ratio
RM59.66m
Debt
Interest coverage ratio | 5.9x |
Cash | RM19.88m |
Equity | RM142.93m |
Total liabilities | RM80.08m |
Total assets | RM223.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSA's short term assets (MYR166.1M) exceed its short term liabilities (MYR67.1M).
Long Term Liabilities: TSA's short term assets (MYR166.1M) exceed its long term liabilities (MYR13.0M).
Debt to Equity History and Analysis
Debt Level: TSA's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TSA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TSA's debt is well covered by operating cash flow (46.5%).
Interest Coverage: TSA's interest payments on its debt are well covered by EBIT (5.9x coverage).