Tek Seng Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Tek Seng Holdings Berhad has a total shareholder equity of MYR279.2M and total debt of MYR19.9M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are MYR328.9M and MYR49.6M respectively. Tek Seng Holdings Berhad's EBIT is MYR10.9M making its interest coverage ratio -125.5. It has cash and short-term investments of MYR39.6M.
Key information
7.1%
Debt to equity ratio
RM 19.89m
Debt
| Interest coverage ratio | -125.5x |
| Cash | RM 39.60m |
| Equity | RM 279.24m |
| Total liabilities | RM 49.63m |
| Total assets | RM 328.87m |
Recent financial health updates
Is Tek Seng Holdings Berhad (KLSE:TEKSENG) A Risky Investment?
Sep 29
Tek Seng Holdings Berhad (KLSE:TEKSENG) Has A Rock Solid Balance Sheet
May 13Does Tek Seng Holdings Berhad (KLSE:TEKSENG) Have A Healthy Balance Sheet?
Jan 19Recent updates
Tek Seng Holdings Berhad's (KLSE:TEKSENG) Returns On Capital Are Heading Higher
Jul 17Returns Are Gaining Momentum At Tek Seng Holdings Berhad (KLSE:TEKSENG)
Feb 22Tek Seng Holdings Berhad (KLSE:TEKSENG) Might Have The Makings Of A Multi-Bagger
Nov 17Is Tek Seng Holdings Berhad (KLSE:TEKSENG) A Risky Investment?
Sep 29Benign Growth For Tek Seng Holdings Berhad (KLSE:TEKSENG) Underpins Its Share Price
Jun 09Returns On Capital Signal Difficult Times Ahead For Tek Seng Holdings Berhad (KLSE:TEKSENG)
Jun 11Tek Seng Holdings Berhad (KLSE:TEKSENG) Has A Rock Solid Balance Sheet
May 13Tek Seng Holdings Berhad (KLSE:TEKSENG) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Mar 15Here’s What’s Happening With Returns At Tek Seng Holdings Berhad (KLSE:TEKSENG)
Feb 16
Does Tek Seng Holdings Berhad (KLSE:TEKSENG) Have A Healthy Balance Sheet?
Jan 19Tek Seng Holdings Berhad (KLSE:TEKSENG) Shareholders Have Enjoyed An Impressive 123% Share Price Gain
Dec 21Here's Why Tek Seng Holdings Berhad's (KLSE:TEKSENG) Statutory Earnings Are Arguably Too Conservative
Dec 02Financial Position Analysis
Short Term Liabilities: TEKSENG's short term assets (MYR95.8M) exceed its short term liabilities (MYR25.7M).
Long Term Liabilities: TEKSENG's short term assets (MYR95.8M) exceed its long term liabilities (MYR23.9M).
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 reduced from 7.6% to 7.1% over the past 5 years.
Debt Coverage: TEKSENG's debt is well covered by operating cash flow (118.7%).
Interest Coverage: TEKSENG earns more interest than it pays, so coverage of interest payments is not a concern.