TH Plantations Berhad

KLSE:THPLANT Stock Report

Market Cap: RM649.6m

TH Plantations Berhad Balance Sheet Health

Financial Health criteria checks 2/6

TH Plantations Berhad has a total shareholder equity of MYR1.3B and total debt of MYR827.3M, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are MYR2.6B and MYR1.3B respectively. TH Plantations Berhad's EBIT is MYR131.5M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR142.4M.

Key information

63.0%

Debt to equity ratio

RM827.32m

Debt

Interest coverage ratio2.7x
CashRM142.36m
EquityRM1.31b
Total liabilitiesRM1.31b
Total assetsRM2.63b

Recent financial health updates

Recent updates

TH Plantations Berhad Just Recorded A 29% EPS Beat: Here's What Analysts Are Forecasting Next

Mar 03
TH Plantations Berhad Just Recorded A 29% EPS Beat: Here's What Analysts Are Forecasting Next

TH Plantations Berhad's (KLSE:THPLANT) 41% Price Boost Is Out Of Tune With Earnings

Feb 16
TH Plantations Berhad's (KLSE:THPLANT) 41% Price Boost Is Out Of Tune With Earnings

Should You Investigate TH Plantations Berhad (KLSE:THPLANT) At RM0.59?

Jul 26
Should You Investigate TH Plantations Berhad (KLSE:THPLANT) At RM0.59?

What Does TH Plantations Berhad's (KLSE:THPLANT) Share Price Indicate?

Mar 16
What Does TH Plantations Berhad's (KLSE:THPLANT) Share Price Indicate?

Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?

Oct 19
Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?

Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?

Jun 22
Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?

Is There An Opportunity With TH Plantations Berhad's (KLSE:THPLANT) 49% Undervaluation?

May 31
Is There An Opportunity With TH Plantations Berhad's (KLSE:THPLANT) 49% Undervaluation?

Here's Why I Think TH Plantations Berhad (KLSE:THPLANT) Is An Interesting Stock

May 09
Here's Why I Think TH Plantations Berhad (KLSE:THPLANT) Is An Interesting Stock

Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?

Mar 08
Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?

Improved Earnings Required Before TH Plantations Berhad (KLSE:THPLANT) Stock's 38% Jump Looks Justified

Feb 23
Improved Earnings Required Before TH Plantations Berhad (KLSE:THPLANT) Stock's 38% Jump Looks Justified

What Does TH Plantations Berhad's (KLSE:THPLANT) Share Price Indicate?

Feb 15
What Does TH Plantations Berhad's (KLSE:THPLANT) Share Price Indicate?

New Forecasts: Here's What Analysts Think The Future Holds For TH Plantations Berhad (KLSE:THPLANT)

Nov 25
New Forecasts: Here's What Analysts Think The Future Holds For TH Plantations Berhad (KLSE:THPLANT)

Is It Time To Consider Buying TH Plantations Berhad (KLSE:THPLANT)?

May 14
Is It Time To Consider Buying TH Plantations Berhad (KLSE:THPLANT)?

TH Plantations Berhad (KLSE:THPLANT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Mar 30
TH Plantations Berhad (KLSE:THPLANT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?

Mar 23
Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: THPLANT's short term assets (MYR1.0B) exceed its short term liabilities (MYR238.4M).

Long Term Liabilities: THPLANT's short term assets (MYR1.0B) do not cover its long term liabilities (MYR1.1B).


Debt to Equity History and Analysis

Debt Level: THPLANT's net debt to equity ratio (52.2%) is considered high.

Reducing Debt: THPLANT's debt to equity ratio has reduced from 114.3% to 63% over the past 5 years.

Debt Coverage: THPLANT's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: THPLANT's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


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