Turbo-Mech Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Turbo-Mech Berhad has a total shareholder equity of MYR127.6M and total debt of MYR56.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are MYR137.9M and MYR10.3M respectively. Turbo-Mech Berhad's EBIT is MYR3.3M making its interest coverage ratio 36.6. It has cash and short-term investments of MYR64.9M.
Key information
0.04%
Debt to equity ratio
RM56.00k
Debt
| Interest coverage ratio | 36.6x |
| Cash | RM64.94m |
| Equity | RM127.58m |
| Total liabilities | RM10.27m |
| Total assets | RM137.86m |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Turbo-Mech Berhad (KLSE:TURBO) Have Hit The Brakes
Nov 25
Turbo-Mech Berhad's (KLSE:TURBO) Solid Profits Have Weak Fundamentals
May 30Turbo-Mech Berhad (KLSE:TURBO) Is Due To Pay A Dividend Of RM0.02
May 12Returns On Capital At Turbo-Mech Berhad (KLSE:TURBO) Have Hit The Brakes
Aug 17Should You Be Adding Turbo-Mech Berhad (KLSE:TURBO) To Your Watchlist Today?
May 17Does Turbo-Mech Berhad (KLSE:TURBO) Have A Place In Your Dividend Portfolio?
Apr 13Will Turbo-Mech Berhad (KLSE:TURBO) Multiply In Value Going Forward?
Mar 16Turbo-Mech Berhad (KLSE:TURBO) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Feb 16
Should You Be Adding Turbo-Mech Berhad (KLSE:TURBO) To Your Watchlist Today?
Jan 20Financial Position Analysis
Short Term Liabilities: TURBO's short term assets (MYR91.4M) exceed its short term liabilities (MYR7.3M).
Long Term Liabilities: TURBO's short term assets (MYR91.4M) exceed its long term liabilities (MYR3.0M).
Debt to Equity History and Analysis
Debt Level: TURBO has more cash than its total debt.
Reducing Debt: TURBO's debt to equity ratio has increased from 0% to 0.04% over the past 5 years.
Debt Coverage: TURBO's debt is well covered by operating cash flow (6091.1%).
Interest Coverage: TURBO's interest payments on its debt are well covered by EBIT (36.6x coverage).