Ta Ann Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Ta Ann Holdings Berhad has a total shareholder equity of MYR2.0B and total debt of MYR172.9M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are MYR2.7B and MYR720.7M respectively. Ta Ann Holdings Berhad's EBIT is MYR275.5M making its interest coverage ratio -181.5. It has cash and short-term investments of MYR500.1M.
Key information
8.6%
Debt to equity ratio
RM172.94m
Debt
| Interest coverage ratio | -181.5x |
| Cash | RM500.06m |
| Equity | RM2.01b |
| Total liabilities | RM720.68m |
| Total assets | RM2.73b |
Recent financial health updates
Ta Ann Holdings Berhad (KLSE:TAANN) Seems To Use Debt Rather Sparingly
Sep 27
Ta Ann Holdings Berhad (KLSE:TAANN) Seems To Use Debt Rather Sparingly
Jun 15These 4 Measures Indicate That Ta Ann Holdings Berhad (KLSE:TAANN) Is Using Debt Safely
Feb 15Is Ta Ann Holdings Berhad (KLSE:TAANN) A Risky Investment?
Mar 11We Think Ta Ann Holdings Berhad (KLSE:TAANN) Can Stay On Top Of Its Debt
Nov 19Recent updates
Ta Ann Holdings Berhad's (KLSE:TAANN) Upcoming Dividend Will Be Larger Than Last Year's
Dec 08Ta Ann Holdings Berhad (KLSE:TAANN) Is Looking To Continue Growing Its Returns On Capital
Jul 25Ta Ann Holdings Berhad's (KLSE:TAANN) Shareholders Will Receive A Smaller Dividend Than Last Year
Dec 04Here's Why We Think Ta Ann Holdings Berhad (KLSE:TAANN) Might Deserve Your Attention Today
Oct 20Ta Ann Holdings Berhad (KLSE:TAANN) Seems To Use Debt Rather Sparingly
Sep 27Returns on Capital Paint A Bright Future For Ta Ann Holdings Berhad (KLSE:TAANN)
Aug 02An Intrinsic Calculation For Ta Ann Holdings Berhad (KLSE:TAANN) Suggests It's 25% Undervalued
Jul 20Here's Why We Think Ta Ann Holdings Berhad (KLSE:TAANN) Is Well Worth Watching
Jul 06Ta Ann Holdings Berhad (KLSE:TAANN) Seems To Use Debt Rather Sparingly
Jun 15This Just In: Analysts Are Boosting Their Ta Ann Holdings Berhad (KLSE:TAANN) Outlook for This Year
Mar 05These 4 Measures Indicate That Ta Ann Holdings Berhad (KLSE:TAANN) Is Using Debt Safely
Feb 15Ta Ann Holdings Berhad (KLSE:TAANN) Is Increasing Its Dividend To RM0.20
Nov 24Ta Ann Holdings Berhad (KLSE:TAANN) Hasn't Managed To Accelerate Its Returns
Oct 12Shareholders May Be More Conservative With Ta Ann Holdings Berhad's (KLSE:TAANN) CEO Compensation For Now
Jun 11Calculating The Intrinsic Value Of Ta Ann Holdings Berhad (KLSE:TAANN)
May 28Investors Could Be Concerned With Ta Ann Holdings Berhad's (KLSE:TAANN) Returns On Capital
Apr 14Is Ta Ann Holdings Berhad (KLSE:TAANN) A Risky Investment?
Mar 11Do Its Financials Have Any Role To Play In Driving Ta Ann Holdings Berhad's (KLSE:TAANN) Stock Up Recently?
Feb 25Read This Before Buying Ta Ann Holdings Berhad (KLSE:TAANN) For Its Dividend
Feb 09
Ta Ann Holdings Berhad's(KLSE:TAANN) Share Price Is Down 36% Over The Past Five Years.
Jan 21The Returns At Ta Ann Holdings Berhad (KLSE:TAANN) Provide Us With Signs Of What's To Come
Jan 06Don't Buy Ta Ann Holdings Berhad (KLSE:TAANN) For Its Next Dividend Without Doing These Checks
Dec 24Should You Use Ta Ann Holdings Berhad's (KLSE:TAANN) Statutory Earnings To Analyse It?
Dec 15Is Ta Ann Holdings Berhad's (KLSE:TAANN) Shareholder Ownership Skewed Towards Insiders?
Dec 02We Think Ta Ann Holdings Berhad (KLSE:TAANN) Can Stay On Top Of Its Debt
Nov 19Financial Position Analysis
Short Term Liabilities: TAANN's short term assets (MYR803.9M) exceed its short term liabilities (MYR404.9M).
Long Term Liabilities: TAANN's short term assets (MYR803.9M) exceed its long term liabilities (MYR315.8M).
Debt to Equity History and Analysis
Debt Level: TAANN has more cash than its total debt.
Reducing Debt: TAANN's debt to equity ratio has reduced from 37.4% to 8.6% over the past 5 years.
Debt Coverage: TAANN's debt is well covered by operating cash flow (152.9%).
Interest Coverage: TAANN earns more interest than it pays, so coverage of interest payments is not a concern.