Tek Seng Holdings Berhad

KLSE:TEKSENG Stock Report

Market Cap: RM104.6m

Tek Seng Holdings Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Tek Seng Holdings Berhad has a total shareholder equity of MYR275.0M and total debt of MYR19.9M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are MYR328.1M and MYR53.1M respectively. Tek Seng Holdings Berhad's EBIT is MYR9.4M making its interest coverage ratio -9.2. It has cash and short-term investments of MYR37.2M.

Key information

7.2%

Debt to equity ratio

RM19.89m

Debt

Interest coverage ratio-9.2x
CashRM37.19m
EquityRM274.96m
Total liabilitiesRM53.10m
Total assetsRM328.06m

Recent financial health updates

Recent updates

Tek Seng Holdings Berhad's (KLSE:TEKSENG) Returns On Capital Are Heading Higher

Jul 17
Tek Seng Holdings Berhad's (KLSE:TEKSENG) Returns On Capital Are Heading Higher

Returns Are Gaining Momentum At Tek Seng Holdings Berhad (KLSE:TEKSENG)

Feb 22
Returns Are Gaining Momentum At Tek Seng Holdings Berhad (KLSE:TEKSENG)

Tek Seng Holdings Berhad (KLSE:TEKSENG) Might Have The Makings Of A Multi-Bagger

Nov 17
Tek Seng Holdings Berhad (KLSE:TEKSENG) Might Have The Makings Of A Multi-Bagger

Is Tek Seng Holdings Berhad (KLSE:TEKSENG) A Risky Investment?

Sep 29
Is Tek Seng Holdings Berhad (KLSE:TEKSENG) A Risky Investment?

Benign Growth For Tek Seng Holdings Berhad (KLSE:TEKSENG) Underpins Its Share Price

Jun 09
Benign Growth For Tek Seng Holdings Berhad (KLSE:TEKSENG) Underpins Its Share Price

Returns On Capital Signal Difficult Times Ahead For Tek Seng Holdings Berhad (KLSE:TEKSENG)

Jun 11
Returns On Capital Signal Difficult Times Ahead For Tek Seng Holdings Berhad (KLSE:TEKSENG)

Tek Seng Holdings Berhad (KLSE:TEKSENG) Has A Rock Solid Balance Sheet

May 13
Tek Seng Holdings Berhad (KLSE:TEKSENG) Has A Rock Solid Balance Sheet

Tek Seng Holdings Berhad (KLSE:TEKSENG) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Mar 15
Tek Seng Holdings Berhad (KLSE:TEKSENG) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Here’s What’s Happening With Returns At Tek Seng Holdings Berhad (KLSE:TEKSENG)

Feb 16
Here’s What’s Happening With Returns At Tek Seng Holdings Berhad (KLSE:TEKSENG)

Does Tek Seng Holdings Berhad (KLSE:TEKSENG) Have A Healthy Balance Sheet?

Jan 19
Does Tek Seng Holdings Berhad (KLSE:TEKSENG) Have A Healthy Balance Sheet?

Tek Seng Holdings Berhad (KLSE:TEKSENG) Shareholders Have Enjoyed An Impressive 123% Share Price Gain

Dec 21
Tek Seng Holdings Berhad (KLSE:TEKSENG) Shareholders Have Enjoyed An Impressive 123% Share Price Gain

Here's Why Tek Seng Holdings Berhad's (KLSE:TEKSENG) Statutory Earnings Are Arguably Too Conservative

Dec 02
Here's Why Tek Seng Holdings Berhad's (KLSE:TEKSENG) Statutory Earnings Are Arguably Too Conservative

Financial Position Analysis

Short Term Liabilities: TEKSENG's short term assets (MYR93.0M) exceed its short term liabilities (MYR48.9M).

Long Term Liabilities: TEKSENG's short term assets (MYR93.0M) exceed its long term liabilities (MYR4.2M).


Debt to Equity History and Analysis

Debt Level: TEKSENG has more cash than its total debt.

Reducing Debt: TEKSENG's debt to equity ratio has increased from 0% to 7.2% over the past 5 years.

Debt Coverage: TEKSENG's debt is well covered by operating cash flow (131.7%).

Interest Coverage: TEKSENG earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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