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 ratio | 2.7x |
Cash | RM142.36m |
Equity | RM1.31b |
Total liabilities | RM1.31b |
Total assets | RM2.63b |
Recent financial health updates
Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?
Oct 19Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?
Jun 22Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?
Mar 08Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?
Mar 23Recent updates
TH Plantations Berhad Just Recorded A 29% EPS Beat: Here's What Analysts Are Forecasting Next
Mar 03TH Plantations Berhad's (KLSE:THPLANT) 41% Price Boost Is Out Of Tune With Earnings
Feb 16Should You Investigate TH Plantations Berhad (KLSE:THPLANT) At RM0.59?
Jul 26What Does TH Plantations Berhad's (KLSE:THPLANT) Share Price Indicate?
Mar 16Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?
Oct 19Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?
Jun 22Is There An Opportunity With TH Plantations Berhad's (KLSE:THPLANT) 49% Undervaluation?
May 31Here's Why I Think TH Plantations Berhad (KLSE:THPLANT) Is An Interesting Stock
May 09Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?
Mar 08Improved Earnings Required Before TH Plantations Berhad (KLSE:THPLANT) Stock's 38% Jump Looks Justified
Feb 23What Does TH Plantations Berhad's (KLSE:THPLANT) Share Price Indicate?
Feb 15New Forecasts: Here's What Analysts Think The Future Holds For TH Plantations Berhad (KLSE:THPLANT)
Nov 25Is It Time To Consider Buying TH Plantations Berhad (KLSE:THPLANT)?
May 14TH Plantations Berhad (KLSE:THPLANT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 30Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?
Mar 23Financial 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).