Tashin Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Tashin Holdings Berhad has a total shareholder equity of MYR253.9M and total debt of MYR45.2M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are MYR349.4M and MYR95.5M respectively. Tashin Holdings Berhad's EBIT is MYR5.0M making its interest coverage ratio 3.1. It has cash and short-term investments of MYR17.6M.
Key information
17.8%
Debt to equity ratio
RM 45.22m
Debt
Interest coverage ratio | 3.1x |
Cash | RM 17.59m |
Equity | RM 253.90m |
Total liabilities | RM 95.53m |
Total assets | RM 349.43m |
Recent financial health updates
We Think Tashin Holdings Berhad (KLSE:TASHIN) Is Taking Some Risk With Its Debt
Jan 13Tashin 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 27Recent 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 (MYR225.7M) exceed its short term liabilities (MYR71.0M).
Long Term Liabilities: TASHIN's short term assets (MYR225.7M) exceed its long term liabilities (MYR24.5M).
Debt to Equity History and Analysis
Debt Level: TASHIN's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: TASHIN's debt to equity ratio has increased from 17.6% to 17.8% over the past 5 years.
Debt Coverage: TASHIN's debt is well covered by operating cash flow (29.8%).
Interest Coverage: TASHIN's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/23 07:51 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tashin Holdings Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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null null | Public Investment Bank Berhad |
Mun Chan | TA Securities Holdings Berhad |