Tashin Holdings Berhad

KLSE:TASHIN Stock Report

Market Cap: RM 113.4m

Tashin Holdings Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Tashin Holdings Berhad has a total shareholder equity of MYR260.2M and total debt of MYR44.3M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are MYR353.7M and MYR93.6M respectively. Tashin Holdings Berhad's EBIT is MYR7.5M making its interest coverage ratio 4.1. It has cash and short-term investments of MYR26.7M.

Key information

17.0%

Debt to equity ratio

RM 44.26m

Debt

Interest coverage ratio4.1x
CashRM 26.68m
EquityRM 260.18m
Total liabilitiesRM 93.56m
Total assetsRM 353.75m

Recent financial health updates

Recent updates

We Think Tashin Holdings Berhad (KLSE:TASHIN) Is Taking Some Risk With Its Debt

Jan 13
We Think Tashin Holdings Berhad (KLSE:TASHIN) Is Taking Some Risk With Its Debt

Is Now The Time To Put Tashin Holdings Berhad (KLSE:TASHIN) On Your Watchlist?

Nov 17
Is Now The Time To Put Tashin Holdings Berhad (KLSE:TASHIN) On Your Watchlist?

Tashin Holdings Berhad (KLSE:TASHIN) Seems To Use Debt Quite Sensibly

Aug 11
Tashin Holdings Berhad (KLSE:TASHIN) Seems To Use Debt Quite Sensibly

Market Still Lacking Some Conviction On Tashin Holdings Berhad (KLSE:TASHIN)

Jun 24
Market Still Lacking Some Conviction On Tashin Holdings Berhad (KLSE:TASHIN)

With EPS Growth And More, Tashin Holdings Berhad (KLSE:TASHIN) Is Interesting

Nov 28
With EPS Growth And More, Tashin Holdings Berhad (KLSE:TASHIN) Is Interesting

Returns At Tashin Holdings Berhad (KLSE:TASHIN) Are On The Way Up

Oct 14
Returns At Tashin Holdings Berhad (KLSE:TASHIN) Are On The Way Up

Tashin Holdings Berhad (KLSE:TASHIN) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Aug 26
Tashin Holdings Berhad (KLSE:TASHIN) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

We Think Tashin Holdings Berhad (KLSE:TASHIN) Can Stay On Top Of Its Debt

Jul 19
We Think Tashin Holdings Berhad (KLSE:TASHIN) Can Stay On Top Of Its Debt

Returns At Tashin Holdings Berhad (KLSE:TASHIN) Are On The Way Up

Jun 11
Returns At Tashin Holdings Berhad (KLSE:TASHIN) Are On The Way Up

Should We Be Excited About The Trends Of Returns At Tashin Holdings Berhad (KLSE:TASHIN)?

Mar 02
Should We Be Excited About The Trends Of Returns At Tashin Holdings Berhad (KLSE:TASHIN)?

Is Tashin Holdings Berhad (KLSE:TASHIN) Weighed On By Its Debt Load?

Jan 27
Is Tashin Holdings Berhad (KLSE:TASHIN) Weighed On By Its Debt Load?

A Look At The Intrinsic Value Of Tashin Holdings Berhad (KLSE:TASHIN)

Dec 04
A Look At The Intrinsic Value Of Tashin Holdings Berhad (KLSE:TASHIN)

Financial Position Analysis

Short Term Liabilities: TASHIN's short term assets (MYR228.8M) exceed its short term liabilities (MYR68.3M).

Long Term Liabilities: TASHIN's short term assets (MYR228.8M) exceed its long term liabilities (MYR25.2M).


Debt to Equity History and Analysis

Debt Level: TASHIN's net debt to equity ratio (6.8%) is considered satisfactory.

Reducing Debt: TASHIN's debt to equity ratio has increased from 15.7% to 17% over the past 5 years.

Debt Coverage: TASHIN's debt is well covered by operating cash flow (90.9%).

Interest Coverage: TASHIN's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


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