Warisan TC Holdings Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Warisan TC Holdings Berhad has a total shareholder equity of MYR252.6M and total debt of MYR288.2M, which brings its debt-to-equity ratio to 114.1%. Its total assets and total liabilities are MYR817.2M and MYR564.6M respectively. Warisan TC Holdings Berhad's EBIT is MYR1.8M making its interest coverage ratio 0.2. It has cash and short-term investments of MYR68.3M.
Key information
114.1%
Debt to equity ratio
RM 288.19m
Debt
| Interest coverage ratio | 0.2x |
| Cash | RM 68.28m |
| Equity | RM 252.62m |
| Total liabilities | RM 564.61m |
| Total assets | RM 817.23m |
Recent financial health updates
Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Debt In A Risky Way?
Nov 30
Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Debt In A Risky Way?
Aug 10Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Too Much Debt?
Jul 29Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Debt Sensibly?
Apr 14Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Too Much Debt?
Dec 30
Recent updates
There's No Escaping Warisan TC Holdings Berhad's (KLSE:WARISAN) Muted Revenues Despite A 39% Share Price Rise
Aug 23Some Investors May Be Worried About Warisan TC Holdings Berhad's (KLSE:WARISAN) Returns On Capital
Aug 22Fewer Investors Than Expected Jumping On Warisan TC Holdings Berhad (KLSE:WARISAN)
May 21Warisan TC Holdings Berhad (KLSE:WARISAN) Screens Well But There Might Be A Catch
Feb 08Warisan TC Holdings Berhad (KLSE:WARISAN) Could Be Riskier Than It Looks
Sep 19Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Debt In A Risky Way?
Nov 30Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Debt In A Risky Way?
Aug 10Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Too Much Debt?
Jul 29Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Debt Sensibly?
Apr 14Is Warisan TC Holdings Berhad (KLSE:WARISAN) Using Too Much Debt?
Dec 30Financial Position Analysis
Short Term Liabilities: WARISAN's short term assets (MYR451.7M) do not cover its short term liabilities (MYR486.4M).
Long Term Liabilities: WARISAN's short term assets (MYR451.7M) exceed its long term liabilities (MYR78.2M).
Debt to Equity History and Analysis
Debt Level: WARISAN's net debt to equity ratio (87.1%) is considered high.
Reducing Debt: WARISAN's debt to equity ratio has increased from 66.3% to 114.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WARISAN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WARISAN has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 47.8% each year.