Tune Protect Group Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Tune Protect Group Berhad has a total shareholder equity of MYR561.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR1.3B and MYR740.3M respectively.

Key information

Debt to equity ratio

RM 0

Debt

Interest coverage ratio	n/a
Cash	RM 28.85m
Equity	RM 561.10m
Total liabilities	RM 740.32m
Total assets	RM 1.30b

Recent financial health updates

No updates

Recent updates

Many Still Looking Away From Tune Protect Group Berhad (KLSE:TUNEPRO)

Aug 09

Take Care Before Diving Into The Deep End On Tune Protect Group Berhad (KLSE:TUNEPRO)

Feb 26

Tune Protect Group Berhad's (KLSE:TUNEPRO) Shareholders Are Down 63% On Their Shares

Feb 24

Know This Before Buying Tune Protect Group Berhad (KLSE:TUNEPRO) For Its Dividend

Dec 31

Tune Protect Group Berhad (KLSE:TUNEPRO) Share Prices Have Dropped 74% In The Last Five Years

Nov 26

Financial Position Analysis

Short Term Liabilities: TUNEPRO's short term assets (MYR470.0M) exceed its short term liabilities (MYR56.4M).

Long Term Liabilities: TUNEPRO's short term assets (MYR470.0M) do not cover its long term liabilities (MYR683.9M).

Debt to Equity History and Analysis

Debt Level: TUNEPRO is debt free.

Reducing Debt: TUNEPRO has not had any debt for past 5 years.

Debt Coverage: TUNEPRO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TUNEPRO has no debt, therefore coverage of interest payments is not a concern.

Tune Protect Group Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Tune Protect Group Berhad Appoints Miss Gan Mei Mei as Member of Risk Committee

Second quarter 2024 earnings released: RM0.013 loss per share (vs RM0.013 profit in 2Q 2023)

Many Still Looking Away From Tune Protect Group Berhad (KLSE:TUNEPRO)

Tune Protect Group Berhad Announces Redesignation of Encik Mohamed Rashdi Bin Mohamed Ghazalli from Member of Audit Committee to Chairman of Audit Committee

Tune Protect Group Berhad Announces Re-designation of Kelvin Desmond Malayapillay to Member of Risk Committee

Tune Protect Group Berhad Appoints Jayakumar A/L Somasundram as Independent and Non Executive Chairman of Risk Committee

Tune Protect Group Berhad Announces Cessation of Grace Lee Hwee Ling as Independent and Non Executive Member of Remuneration Committee

Price target decreased by 8.6% to RM0.48

First quarter 2024 earnings released: RM0.005 loss per share (vs RM0.003 profit in 1Q 2023)

Tune Protect Group Berhad, Annual General Meeting, Jun 19, 2024

Tune Protect Group Berhad Announces the Resignation of Rohit Chandrasekharan Nambiar as Group Chief Executive Officer, Effective 10 May 2024

Full year 2023 earnings released: RM0.001 loss per share (vs RM0.046 loss in FY 2022)

Take Care Before Diving Into The Deep End On Tune Protect Group Berhad (KLSE:TUNEPRO)

Third quarter 2023 earnings released: EPS: RM0.005 (vs RM0.016 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.013 (vs RM0.026 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0.003 (vs RM0.004 loss in 1Q 2022)

Full year 2022 earnings released: RM0.046 loss per share (vs RM0.02 loss in FY 2021)

Price target increased to RM0.40

Tune Protect Group Berhad Announces the Redesignation of Encik Mohamed Rashdi Bin Mohamed Ghazalli from Independent and Non Executive Chairman of Audit Committee to Independent and Non Executive Member of Audit Committee Effective from 01 Jan. 2023

Third quarter 2022 earnings released: RM0.016 loss per share (vs RM0.002 loss in 3Q 2021)

Price target decreased to RM0.42

Second quarter 2022 earnings released: RM0.026 loss per share (vs RM0.019 profit in 2Q 2021)

Tune Protect Group Berhad Announces Appointment of Loh Saw Kim as Joint Secretary

Tune Protect Group Berhad Announces Resignation of Low Wai See as Group Company Secretary

Tune Protect Group Berhad, Annual General Meeting, Jun 27, 2022

Tune Protect Group Berhad Announces Retirement of Ng Soon Lai @ Ng Siek Chuan as Non Independent and Non Executive Member of Audit Committee

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to RM0.56

Tune Protect Group Berhad Appoints Dr. Grace Lee Hwee Ling as Independent and Non Executive Member of Audit Committee, Effective March 25, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: RM0.002 loss per share (vs RM0.003 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS RM0.019 (vs RM0.017 in 2Q 2020)

Price target increased to RM0.38

Consensus forecasts updated

First quarter 2021 earnings released: RM0.021 loss per share (vs RM0.003 profit in 1Q 2020)

New 90-day high: RM0.45

Revenue beats expectations, earnings disappoint

Full year 2020 earnings released: EPS RM0.025 (vs RM0.067 in FY 2019)

Tune Protect Group Berhad's (KLSE:TUNEPRO) Shareholders Are Down 63% On Their Shares

Know This Before Buying Tune Protect Group Berhad (KLSE:TUNEPRO) For Its Dividend

Price target raised to RM0.32

New 90-day high: RM0.37

Tune Protect Group Berhad (KLSE:TUNEPRO) Share Prices Have Dropped 74% In The Last Five Years

Price target raised to RM0.27

Third quarter 2020 earnings released: EPS RM0.003

New 90-day low: RM0.30

Tune Protect Group Berhad Announces the Appointment of Rohit Chandrasekharan Nambiar as Group Chief Executive Officer, Effective 14 October 2020

New 90-day low - RM0.30

Tune Protect Group Berhad Announces Resignation of Miss Khoo Ai Lin as A Group Chief Executive Officer, Effective 31 July 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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