Tashin Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Tashin Holdings Berhad has a total shareholder equity of MYR258.0M and total debt of MYR41.3M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are MYR337.3M and MYR79.3M respectively. Tashin Holdings Berhad's EBIT is MYR11.2M making its interest coverage ratio 5.8. It has cash and short-term investments of MYR25.5M.
Key information
16.0%
Debt to equity ratio
RM41.33m
Debt
| Interest coverage ratio | 5.8x |
| Cash | RM25.51m |
| Equity | RM258.05m |
| Total liabilities | RM79.26m |
| Total assets | RM337.31m |
Recent financial health updates
We Think Tashin Holdings Berhad (KLSE:TASHIN) Is Taking Some Risk With Its Debt
Jan 13
Tashin Holdings Berhad (KLSE:TASHIN) Seems To Use Debt Quite Sensibly
Aug 11We Think Tashin Holdings Berhad (KLSE:TASHIN) Can Stay On Top Of Its Debt
Jul 19Is Tashin Holdings Berhad (KLSE:TASHIN) Weighed On By Its Debt Load?
Jan 27
Recent updates
We Think Tashin Holdings Berhad (KLSE:TASHIN) Is Taking Some Risk With Its Debt
Jan 13Is Now The Time To Put Tashin Holdings Berhad (KLSE:TASHIN) On Your Watchlist?
Nov 17Tashin Holdings Berhad (KLSE:TASHIN) Seems To Use Debt Quite Sensibly
Aug 11Market Still Lacking Some Conviction On Tashin Holdings Berhad (KLSE:TASHIN)
Jun 24With EPS Growth And More, Tashin Holdings Berhad (KLSE:TASHIN) Is Interesting
Nov 28Returns At Tashin Holdings Berhad (KLSE:TASHIN) Are On The Way Up
Oct 14Tashin Holdings Berhad (KLSE:TASHIN) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Aug 26We Think Tashin Holdings Berhad (KLSE:TASHIN) Can Stay On Top Of Its Debt
Jul 19Returns At Tashin Holdings Berhad (KLSE:TASHIN) Are On The Way Up
Jun 11Should We Be Excited About The Trends Of Returns At Tashin Holdings Berhad (KLSE:TASHIN)?
Mar 02Is Tashin Holdings Berhad (KLSE:TASHIN) Weighed On By Its Debt Load?
Jan 27A Look At The Intrinsic Value Of Tashin Holdings Berhad (KLSE:TASHIN)
Dec 04Financial Position Analysis
Short Term Liabilities: TASHIN's short term assets (MYR209.6M) exceed its short term liabilities (MYR52.4M).
Long Term Liabilities: TASHIN's short term assets (MYR209.6M) exceed its long term liabilities (MYR26.9M).
Debt to Equity History and Analysis
Debt Level: TASHIN's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: TASHIN's debt to equity ratio has increased from 11.6% to 16% over the past 5 years.
Debt Coverage: TASHIN's debt is well covered by operating cash flow (32.3%).
Interest Coverage: TASHIN's interest payments on its debt are well covered by EBIT (5.8x coverage).