TPC Plus Berhad Balance Sheet Health
Financial Health criteria checks 4/6
TPC Plus Berhad has a total shareholder equity of MYR117.8M and total debt of MYR79.3M, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are MYR313.6M and MYR195.8M respectively. TPC Plus Berhad's EBIT is MYR2.1M making its interest coverage ratio 0.5. It has cash and short-term investments of MYR58.8M.
Key information
67.3%
Debt to equity ratio
RM79.32m
Debt
Interest coverage ratio | 0.5x |
Cash | RM58.81m |
Equity | RM117.84m |
Total liabilities | RM195.79m |
Total assets | RM313.63m |
Recent financial health updates
Is TPC Plus Berhad (KLSE:TPC) Using Too Much Debt?
Nov 22Does TPC Plus Berhad (KLSE:TPC) Have A Healthy Balance Sheet?
Aug 09Here's Why TPC Plus Berhad (KLSE:TPC) Has A Meaningful Debt Burden
Mar 07Is TPC Plus Berhad (KLSE:TPC) Using Too Much Debt?
Nov 24Is TPC Plus Berhad (KLSE:TPC) Using Too Much Debt?
Apr 14Is TPC Plus Berhad (KLSE:TPC) Using Debt Sensibly?
Dec 01Recent updates
TPC Plus Berhad (KLSE:TPC) Shareholders Will Want The ROCE Trajectory To Continue
Feb 16There Is A Reason TPC Plus Berhad's (KLSE:TPC) Price Is Undemanding
Jan 16Is TPC Plus Berhad (KLSE:TPC) Using Too Much Debt?
Nov 22Does TPC Plus Berhad (KLSE:TPC) Have A Healthy Balance Sheet?
Aug 09TPC Plus Berhad's (KLSE:TPC) Returns On Capital Not Reflecting Well On The Business
Jun 07Here's Why TPC Plus Berhad (KLSE:TPC) Has A Meaningful Debt Burden
Mar 07Shareholders Will Be Pleased With The Quality of TPC Plus Berhad's (KLSE:TPC) Earnings
Dec 06Is TPC Plus Berhad (KLSE:TPC) Using Too Much Debt?
Nov 24TPC Plus Berhad (KLSE:TPC) Shareholders Will Want The ROCE Trajectory To Continue
Sep 29Is TPC Plus Berhad (KLSE:TPC) Using Too Much Debt?
Apr 14Is TPC Plus Berhad (KLSE:TPC) Using Debt Sensibly?
Dec 01Does TPC Plus Berhad (KLSE:TPC) Have A Healthy Balance Sheet?
Aug 18Is TPC Plus Berhad (KLSE:TPC) Using Too Much Debt?
Apr 16Is TPC Plus Berhad (KLSE:TPC) Weighed On By Its Debt Load?
Jan 01Financial Position Analysis
Short Term Liabilities: TPC's short term assets (MYR197.1M) exceed its short term liabilities (MYR161.0M).
Long Term Liabilities: TPC's short term assets (MYR197.1M) exceed its long term liabilities (MYR34.7M).
Debt to Equity History and Analysis
Debt Level: TPC's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: TPC's debt to equity ratio has increased from 42.3% to 67.3% over the past 5 years.
Debt Coverage: TPC's debt is well covered by operating cash flow (31.6%).
Interest Coverage: TPC's interest payments on its debt are not well covered by EBIT (0.5x coverage).