Tien Wah Press Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Tien Wah Press Holdings Berhad has a total shareholder equity of MYR332.9M and total debt of MYR66.0M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are MYR488.2M and MYR155.3M respectively. Tien Wah Press Holdings Berhad's EBIT is MYR17.3M making its interest coverage ratio 4.7. It has cash and short-term investments of MYR24.3M.
Key information
19.8%
Debt to equity ratio
RM 65.96m
Debt
| Interest coverage ratio | 4.7x |
| Cash | RM 24.27m |
| Equity | RM 332.87m |
| Total liabilities | RM 155.30m |
| Total assets | RM 488.17m |
Recent financial health updates
Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Seems To Use Debt Quite Sensibly
Aug 13
Is Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Using Too Much Debt?
Jul 12Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Is Carrying A Fair Bit Of Debt
Jan 19Recent updates
Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Seems To Use Debt Quite Sensibly
Aug 13Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 01Tien Wah Press Holdings Berhad's (KLSE:TIENWAH) Dividend Will Be MYR0.028
Aug 28Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Will Pay A Dividend Of MYR0.028
Aug 14Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Has Affirmed Its Dividend Of MYR0.028
Apr 21Tien Wah Press Holdings Berhad's (KLSE:TIENWAH) Dividend Will Be MYR0.028
Sep 16Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Is Paying Out A Dividend Of MYR0.028
Aug 18Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Will Pay A Smaller Dividend Than Last Year
Jun 01Tien Wah Press Holdings Berhad's (KLSE:TIENWAH) Solid Earnings Have Been Accounted For Conservatively
Nov 18Capital Allocation Trends At Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Aren't Ideal
Sep 13Is Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Using Too Much Debt?
Jul 12Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Will Be Looking To Turn Around Its Returns
May 13How Does Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Fare As A Dividend Stock?
Mar 15Tien Wah Press Holdings Berhad (KLSE:TIENWAH) Is Carrying A Fair Bit Of Debt
Jan 19Should You Buy Tien Wah Press Holdings Berhad (KLSE:TIENWAH) For Its Dividend?
Nov 25
Financial Position Analysis
Short Term Liabilities: TIENWAH's short term assets (MYR152.2M) exceed its short term liabilities (MYR73.5M).
Long Term Liabilities: TIENWAH's short term assets (MYR152.2M) exceed its long term liabilities (MYR81.8M).
Debt to Equity History and Analysis
Debt Level: TIENWAH's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: TIENWAH's debt to equity ratio has reduced from 38.2% to 19.8% over the past 5 years.
Debt Coverage: TIENWAH's debt is well covered by operating cash flow (84.2%).
Interest Coverage: TIENWAH's interest payments on its debt are well covered by EBIT (4.7x coverage).