TSH Resources Berhad Balance Sheet Health

Financial Health criteria checks 6/6

TSH Resources Berhad has a total shareholder equity of MYR2.3B and total debt of MYR302.1M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are MYR2.8B and MYR539.7M respectively. TSH Resources Berhad's EBIT is MYR164.2M making its interest coverage ratio 24.3. It has cash and short-term investments of MYR255.5M.

Key information

13.1%

Debt to equity ratio

RM302.12m

Debt

Interest coverage ratio	24.3x
Cash	RM255.49m
Equity	RM2.31b
Total liabilities	RM539.74m
Total assets	RM2.85b

Recent financial health updates

Recent updates

Is TSH Resources Berhad (KLSE:TSH) Using Too Much Debt?

Feb 19

Is Now The Time To Look At Buying TSH Resources Berhad (KLSE:TSH)?

Jul 25

Is It Time To Consider Buying TSH Resources Berhad (KLSE:TSH)?

Dec 11

Does TSH Resources Berhad (KLSE:TSH) Have A Healthy Balance Sheet?

Oct 20

Is TSH Resources Berhad (KLSE:TSH) Potentially Undervalued?

Jul 07

Is Now The Time To Put TSH Resources Berhad (KLSE:TSH) On Your Watchlist?

Jun 18

TSH Resources Berhad (KLSE:TSH) Seems To Use Debt Quite Sensibly

Jun 01

Returns At TSH Resources Berhad (KLSE:TSH) Are On The Way Up

Feb 28

Is It Too Late To Consider Buying TSH Resources Berhad (KLSE:TSH)?

Feb 15

TSH Resources Berhad's (KLSE:TSH) Returns On Capital Tell Us There Is Reason To Feel Uneasy

May 28

Calculating The Fair Value Of TSH Resources Berhad (KLSE:TSH)

Apr 13

Should You Think About Buying TSH Resources Berhad (KLSE:TSH) Now?

Apr 01

The Attractive Combination That Could Earn TSH Resources Berhad (KLSE:TSH) A Place In Your Dividend Portfolio

Mar 19

TSH Resources Berhad (KLSE:TSH) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Mar 07

Would Shareholders Who Purchased TSH Resources Berhad's (KLSE:TSH) Stock Five Years Be Happy With The Share price Today?

Feb 25

Returns On Capital Tell Us A Lot About TSH Resources Berhad (KLSE:TSH)

Feb 10

TSH Resources Berhad's (KLSE:TSH) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Jan 28

Does TSH Resources Berhad (KLSE:TSH) Have A Healthy Balance Sheet?

Jan 13

We Wouldn't Rely On TSH Resources Berhad's (KLSE:TSH) Statutory Earnings As A Guide

Dec 29

How Much Does TSH Resources Berhad's (KLSE:TSH) CEO Make?

Dec 15

At RM1.09, Is TSH Resources Berhad (KLSE:TSH) Worth Looking At Closely?

Dec 02

A Look At TSH Resources Berhad's (KLSE:TSH) Share Price Returns

Nov 20

Financial Position Analysis

Short Term Liabilities: TSH's short term assets (MYR644.6M) exceed its short term liabilities (MYR317.9M).

Long Term Liabilities: TSH's short term assets (MYR644.6M) exceed its long term liabilities (MYR221.9M).

Debt to Equity History and Analysis

Debt Level: TSH's net debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: TSH's debt to equity ratio has reduced from 96.8% to 13.1% over the past 5 years.

Debt Coverage: TSH's debt is well covered by operating cash flow (75%).

Interest Coverage: TSH's interest payments on its debt are well covered by EBIT (24.3x coverage).

Balance Sheet

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TSH Resources Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Is TSH Resources Berhad (KLSE:TSH) Using Too Much Debt?

Does TSH Resources Berhad (KLSE:TSH) Have A Healthy Balance Sheet?

TSH Resources Berhad (KLSE:TSH) Seems To Use Debt Quite Sensibly

Does TSH Resources Berhad (KLSE:TSH) Have A Healthy Balance Sheet?

Recent updates

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

TSH Resources Berhad, Annual General Meeting, May 20, 2024

Upcoming dividend of RM0.025 per share

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: RM0.069 (vs RM0.33 in FY 2022)

Is TSH Resources Berhad (KLSE:TSH) Using Too Much Debt?

Price target increased by 7.3% to RM1.09

TSH Resources Berhad Appoints Velayuthan A/L Tan Kim Song as Independent and Non Executive Independent Director

Third quarter 2023 earnings released: EPS: RM0.021 (vs RM0.19 in 3Q 2022)

Consensus EPS estimates fall by 19%

Second quarter 2023 earnings released: EPS: RM0.008 (vs RM0.042 in 2Q 2022)

Is Now The Time To Look At Buying TSH Resources Berhad (KLSE:TSH)?

Upcoming dividend of RM0.025 per share at 11% yield

Consensus EPS estimates fall by 21%

Tsh Resources Berhad Announces Retirement of Mr. Chew Siew Yeng as Independent and Non Executive Director

Price target decreased by 11% to RM1.06

First quarter 2023 earnings released: EPS: RM0.021 (vs RM0.07 in 1Q 2022)

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings released: EPS: RM0.33 (vs RM0.12 in FY 2021)

TSH Resources Berhad Appoints Wong May Fun as Company Secretary, Effective from 01 January 2023

Is It Time To Consider Buying TSH Resources Berhad (KLSE:TSH)?

Price target decreased to RM1.16

Tsh Resources Berhad Announces Single-Tier Interim Dividend for the Financial Year Ended 31 December 20222, Payable on 21 December 2022

Insufficient new directors

Does TSH Resources Berhad (KLSE:TSH) Have A Healthy Balance Sheet?

Second quarter 2022 earnings released: EPS: RM0.042 (vs RM0.029 in 2Q 2021)

Price target decreased to RM1.37

TSH Resources Berhad Announces Resignation of Tan Boon Siong as Chief Financial Officer

Is TSH Resources Berhad (KLSE:TSH) Potentially Undervalued?

TSH Resources Berhad Announces Resignation of Tan Aik Yong as Executive Director

Price target decreased to RM1.57

Is Now The Time To Put TSH Resources Berhad (KLSE:TSH) On Your Watchlist?

TSH Resources Berhad Announces Resignation of Michael Wong Chung Hau as Chief Financial Officer

TSH Resources Berhad (KLSE:TSH) Seems To Use Debt Quite Sensibly

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 24% undervalued

TSH Resources Berhad (KLSE:TSH) completed the acquisition of Oil palm plantation land from Sharikat Keratong Sendirian Berhad for MYR 76 million.

Insufficient new directors

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of RM0.03 per share

Investor sentiment improved over the past week

Returns At TSH Resources Berhad (KLSE:TSH) Are On The Way Up

Full year 2021 earnings: EPS and revenues miss analyst expectations

TSH Resources Berhad Announces Single-Tier Interim Dividend for the Financial Year Ended 31 December 2021, Payable on 15 April 2022

Price target increased to RM1.57

Is It Too Late To Consider Buying TSH Resources Berhad (KLSE:TSH)?

Investor sentiment improved over the past week

Consensus EPS estimates fall by 10%

Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Second quarter 2021 earnings released: EPS RM0.029 (vs RM0.014 in 2Q 2020)

TSH Resources Berhad's (KLSE:TSH) Returns On Capital Tell Us There Is Reason To Feel Uneasy

First quarter 2021 earnings released: EPS RM0.005 (vs RM0.002 in 1Q 2020)

Full year 2020 earnings released: EPS RM0.045 (vs RM0.029 in FY 2019)

Calculating The Fair Value Of TSH Resources Berhad (KLSE:TSH)

Should You Think About Buying TSH Resources Berhad (KLSE:TSH) Now?

The Attractive Combination That Could Earn TSH Resources Berhad (KLSE:TSH) A Place In Your Dividend Portfolio

TSH Resources Berhad (KLSE:TSH) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Full year 2020 earnings released: EPS RM0.045 (vs RM0.032 in FY 2019)

Earnings beat expectations, revenue disappoints

Would Shareholders Who Purchased TSH Resources Berhad's (KLSE:TSH) Stock Five Years Be Happy With The Share price Today?

Returns On Capital Tell Us A Lot About TSH Resources Berhad (KLSE:TSH)

TSH Resources Berhad's (KLSE:TSH) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Does TSH Resources Berhad (KLSE:TSH) Have A Healthy Balance Sheet?

We Wouldn't Rely On TSH Resources Berhad's (KLSE:TSH) Statutory Earnings As A Guide

How Much Does TSH Resources Berhad's (KLSE:TSH) CEO Make?

New 90-day high: RM1.15

At RM1.09, Is TSH Resources Berhad (KLSE:TSH) Worth Looking At Closely?

A Look At TSH Resources Berhad's (KLSE:TSH) Share Price Returns

Third quarter 2020 earnings released: EPS RM0.018

Price target raised to RM1.21

Taiko Plantations Pte Ltd entered into a conditional sale and purchase agreement to acquire 88.9% stake in PT Farinda Bersaudara from TSH Resources Berhad (KLSE:TSH) for approximately IDR 1.1 trillion.