TMC Life Sciences Berhad Balance Sheet Health
Financial Health criteria checks 5/6
TMC Life Sciences Berhad has a total shareholder equity of MYR877.0M and total debt of MYR208.9M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are MYR1.2B and MYR314.3M respectively. TMC Life Sciences Berhad's EBIT is MYR69.7M making its interest coverage ratio 12.8. It has cash and short-term investments of MYR190.3M.
Key information
23.8%
Debt to equity ratio
RM208.94m
Debt
| Interest coverage ratio | 12.8x |
| Cash | RM190.34m |
| Equity | RM877.02m |
| Total liabilities | RM314.28m |
| Total assets | RM1.19b |
Recent financial health updates
TMC Life Sciences Berhad (KLSE:TMCLIFE) Seems To Use Debt Quite Sensibly
Feb 14
We Think TMC Life Sciences Berhad (KLSE:TMCLIFE) Can Stay On Top Of Its Debt
Sep 29Recent updates
TMC Life Sciences Berhad (KLSE:TMCLIFE) Seems To Use Debt Quite Sensibly
Feb 14We Think TMC Life Sciences Berhad (KLSE:TMCLIFE) Can Stay On Top Of Its Debt
Sep 29Investors Met With Slowing Returns on Capital At TMC Life Sciences Berhad (KLSE:TMCLIFE)
Aug 26TMC Life Sciences Berhad (KLSE:TMCLIFE) Shareholders Will Want The ROCE Trajectory To Continue
May 26TMC Life Sciences Berhad's (KLSE:TMCLIFE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 09Returns On Capital - An Important Metric For TMC Life Sciences Berhad (KLSE:TMCLIFE)
Jan 13Would Shareholders Who Purchased TMC Life Sciences Berhad's (KLSE:TMCLIFE) Stock Three Years Be Happy With The Share price Today?
Dec 22Should You Use TMC Life Sciences Berhad's (KLSE:TMCLIFE) Statutory Earnings To Analyse It?
Dec 02Financial Position Analysis
Short Term Liabilities: TMCLIFE's short term assets (MYR272.9M) exceed its short term liabilities (MYR97.0M).
Long Term Liabilities: TMCLIFE's short term assets (MYR272.9M) exceed its long term liabilities (MYR217.3M).
Debt to Equity History and Analysis
Debt Level: TMCLIFE's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: TMCLIFE's debt to equity ratio has increased from 0.01% to 23.8% over the past 5 years.
Debt Coverage: TMCLIFE's debt is well covered by operating cash flow (46.4%).
Interest Coverage: TMCLIFE's interest payments on its debt are well covered by EBIT (12.8x coverage).