Techbond Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Techbond Group Berhad has a total shareholder equity of MYR174.9M and total debt of MYR11.7M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are MYR216.2M and MYR41.4M respectively. Techbond Group Berhad's EBIT is MYR13.9M making its interest coverage ratio -28.3. It has cash and short-term investments of MYR30.4M.
Key information
6.7%
Debt to equity ratio
RM11.72m
Debt
Interest coverage ratio | -28.3x |
Cash | RM30.43m |
Equity | RM174.88m |
Total liabilities | RM41.37m |
Total assets | RM216.24m |
Recent financial health updates
No updates
Recent updates
Techbond Group Berhad (KLSE:TECHBND) Could Be Struggling To Allocate Capital
Aug 28Techbond Group Berhad (KLSE:TECHBND) Could Be Struggling To Allocate Capital
Oct 19There Are Reasons To Feel Uneasy About Techbond Group Berhad's (KLSE:TECHBND) Returns On Capital
Apr 14Techbond Group Berhad (KLSE:TECHBND) Will Be Hoping To Turn Its Returns On Capital Around
Nov 29Capital Allocation Trends At Techbond Group Berhad (KLSE:TECHBND) Aren't Ideal
Apr 02Techbond Group Berhad's (KLSE:TECHBND) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 16Introducing Techbond Group Berhad (KLSE:TECHBND), A Stock That Climbed 43% In The Last Year
Jan 19Here's What To Make Of Techbond Group Berhad's (KLSE:TECHBND) Returns On Capital
Dec 21Are Techbond Group Berhad's (KLSE:TECHBND) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 25Financial Position Analysis
Short Term Liabilities: TECHBND's short term assets (MYR101.8M) exceed its short term liabilities (MYR21.3M).
Long Term Liabilities: TECHBND's short term assets (MYR101.8M) exceed its long term liabilities (MYR20.1M).
Debt to Equity History and Analysis
Debt Level: TECHBND has more cash than its total debt.
Reducing Debt: TECHBND's debt to equity ratio has increased from 0% to 6.7% over the past 5 years.
Debt Coverage: TECHBND's debt is well covered by operating cash flow (291.7%).
Interest Coverage: TECHBND earns more interest than it pays, so coverage of interest payments is not a concern.