TAFI Industries Berhad Balance Sheet Health
Financial Health criteria checks 4/6
TAFI Industries Berhad has a total shareholder equity of MYR87.0M and total debt of MYR36.5M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are MYR224.2M and MYR137.2M respectively. TAFI Industries Berhad's EBIT is MYR10.3M making its interest coverage ratio 12.9. It has cash and short-term investments of MYR16.8M.
Key information
41.9%
Debt to equity ratio
RM 36.50m
Debt
| Interest coverage ratio | 12.9x |
| Cash | RM 16.81m |
| Equity | RM 87.03m |
| Total liabilities | RM 137.20m |
| Total assets | RM 224.24m |
Recent financial health updates
Recent updates
TAFI Industries Berhad (KLSE:TAFI) Seems To Use Debt Quite Sensibly
Dec 17
What You Can Learn From TAFI Industries Berhad's (KLSE:TAFI) P/S
May 03Returns On Capital Are Showing Encouraging Signs At TAFI Industries Berhad (KLSE:TAFI)
Mar 04TAFI Industries Berhad's (KLSE:TAFI) Earnings Are Of Questionable Quality
Sep 04Financial Position Analysis
Short Term Liabilities: TAFI's short term assets (MYR195.0M) exceed its short term liabilities (MYR122.3M).
Long Term Liabilities: TAFI's short term assets (MYR195.0M) exceed its long term liabilities (MYR14.9M).
Debt to Equity History and Analysis
Debt Level: TAFI's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: TAFI's debt to equity ratio has increased from 3.5% to 41.9% over the past 5 years.
Debt Coverage: TAFI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TAFI's interest payments on its debt are well covered by EBIT (12.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 02:40 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
TAFI Industries Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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