Techna-X Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Techna-X Berhad has a total shareholder equity of MYR44.8M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR180.5M and MYR135.6M respectively. Techna-X Berhad's EBIT is MYR1.9M making its interest coverage ratio 2.4. It has cash and short-term investments of MYR3.3M.
Key information
0%
Debt to equity ratio
RM 0
Debt
Interest coverage ratio | 2.4x |
Cash | RM 3.26m |
Equity | RM 44.84m |
Total liabilities | RM 135.63m |
Total assets | RM 180.47m |
Recent financial health updates
No updates
Recent updates
Techna-X Berhad's (KLSE:TECHNAX) Shares Leap 32% Yet They're Still Not Telling The Full Story
Jun 23Take Care Before Jumping Onto Techna-X Berhad (KLSE:TECHNAX) Even Though It's 33% Cheaper
May 07Not Many Are Piling Into Techna-X Berhad (KLSE:TECHNAX) Stock Yet As It Plummets 33%
Mar 22Lacklustre Performance Is Driving Techna-X Berhad's (KLSE:TECHNAX) 50% Price Drop
Feb 05Lacklustre Performance Is Driving Techna-X Berhad's (KLSE:TECHNAX) 33% Price Drop
Dec 20A Piece Of The Puzzle Missing From Techna-X Berhad's (KLSE:TECHNAX) 33% Share Price Climb
Apr 17How Should Investors React To Sino Hua-An International Berhad's (KLSE:HUAAN) CEO Pay?
Dec 14Financial Position Analysis
Short Term Liabilities: TECHNAX's short term assets (MYR15.0M) do not cover its short term liabilities (MYR94.3M).
Long Term Liabilities: TECHNAX's short term assets (MYR15.0M) do not cover its long term liabilities (MYR41.3M).
Debt to Equity History and Analysis
Debt Level: TECHNAX is debt free.
Reducing Debt: TECHNAX has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.
Debt Coverage: TECHNAX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TECHNAX has no debt, therefore coverage of interest payments is not a concern.