Techbond Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Techbond Group Berhad has a total shareholder equity of MYR180.3M and total debt of MYR9.4M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are MYR213.9M and MYR33.6M respectively. Techbond Group Berhad's EBIT is MYR17.5M making its interest coverage ratio -45.2. It has cash and short-term investments of MYR24.4M.
Key information
5.2%
Debt to equity ratio
RM 9.36m
Debt
| Interest coverage ratio | -45.2x |
| Cash | RM 24.43m |
| Equity | RM 180.32m |
| Total liabilities | RM 33.61m |
| Total assets | RM 213.92m |
Recent financial health updates
Recent updates
Techbond Group Berhad (KLSE:TECHBND) Has A Rock Solid Balance Sheet
Aug 07
Techbond Group Berhad (KLSE:TECHBND) Soars 27% But It's A Story Of Risk Vs Reward
Jul 03Techbond 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 (MYR99.2M) exceed its short term liabilities (MYR16.0M).
Long Term Liabilities: TECHBND's short term assets (MYR99.2M) exceed its long term liabilities (MYR17.7M).
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 5.2% over the past 5 years.
Debt Coverage: TECHBND's debt is well covered by operating cash flow (188.8%).
Interest Coverage: TECHBND earns more interest than it pays, so coverage of interest payments is not a concern.