TAFI Industries Berhad Balance Sheet Health

Financial Health criteria checks 5/6

TAFI Industries Berhad has a total shareholder equity of MYR80.3M and total debt of MYR13.8M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are MYR181.1M and MYR100.7M respectively. TAFI Industries Berhad's EBIT is MYR1.9M making its interest coverage ratio 6.7. It has cash and short-term investments of MYR19.6M.

Key information

17.1%

Debt to equity ratio

RM13.76m

Debt

Interest coverage ratio6.7x
CashRM19.65m
EquityRM80.34m
Total liabilitiesRM100.73m
Total assetsRM181.08m

Recent financial health updates

No updates

Recent updates

What You Can Learn From TAFI Industries Berhad's (KLSE:TAFI) P/S

May 03
What You Can Learn From TAFI Industries Berhad's (KLSE:TAFI) P/S

Returns On Capital Are Showing Encouraging Signs At TAFI Industries Berhad (KLSE:TAFI)

Mar 04
Returns On Capital Are Showing Encouraging Signs At TAFI Industries Berhad (KLSE:TAFI)

TAFI Industries Berhad's (KLSE:TAFI) Earnings Are Of Questionable Quality

Sep 04
TAFI Industries Berhad's (KLSE:TAFI) Earnings Are Of Questionable Quality

Financial Position Analysis

Short Term Liabilities: TAFI's short term assets (MYR147.3M) exceed its short term liabilities (MYR87.8M).

Long Term Liabilities: TAFI's short term assets (MYR147.3M) exceed its long term liabilities (MYR13.0M).


Debt to Equity History and Analysis

Debt Level: TAFI has more cash than its total debt.

Reducing Debt: TAFI's debt to equity ratio has increased from 4.4% to 17.1% over the past 5 years.

Debt Coverage: TAFI's debt is well covered by operating cash flow (69.2%).

Interest Coverage: TAFI's interest payments on its debt are well covered by EBIT (6.7x coverage).


Balance Sheet


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