Thong Guan Industries Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Thong Guan Industries Berhad has a total shareholder equity of MYR988.0M and total debt of MYR200.5M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are MYR1.4B and MYR389.7M respectively. Thong Guan Industries Berhad's EBIT is MYR96.2M making its interest coverage ratio 17.3. It has cash and short-term investments of MYR300.0M.
Key information
20.3%
Debt to equity ratio
RM 200.49m
Debt
| Interest coverage ratio | 17.3x |
| Cash | RM 300.00m |
| Equity | RM 988.01m |
| Total liabilities | RM 389.74m |
| Total assets | RM 1.38b |
Recent financial health updates
Thong Guan Industries Berhad (KLSE:TGUAN) Has A Rock Solid Balance Sheet
Jun 08
Is Thong Guan Industries Berhad (KLSE:TGUAN) Using Too Much Debt?
Jan 01Recent updates
A Look At The Intrinsic Value Of Thong Guan Industries Berhad (KLSE:TGUAN)
Aug 06Thong Guan Industries Berhad (KLSE:TGUAN) Will Pay A Dividend Of MYR0.0225
Mar 02Thong Guan Industries Berhad (KLSE:TGUAN) Will Pay A Dividend Of MYR0.0125
Dec 01What Is Thong Guan Industries Berhad's (KLSE:TGUAN) Share Price Doing?
Nov 03Thong Guan Industries Berhad (KLSE:TGUAN) Is Reducing Its Dividend To RM0.013
May 30Broker Revenue Forecasts For Thong Guan Industries Berhad (KLSE:TGUAN) Are Surging Higher
Mar 05Thong Guan Industries Berhad (KLSE:TGUAN) Has Announced That It Will Be Increasing Its Dividend To RM0.013
Dec 04Thong Guan Industries Berhad (KLSE:TGUAN) Has Re-Affirmed Its Dividend Of RM0.013
Nov 20Thong Guan Industries Berhad (KLSE:TGUAN) Has A Rock Solid Balance Sheet
Jun 08Here's Why We Think Thong Guan Industries Berhad (KLSE:TGUAN) Is Well Worth Watching
May 26What Does Thong Guan Industries Berhad's (KLSE:TGUAN) Share Price Indicate?
Apr 13There's Been No Shortage Of Growth Recently For Thong Guan Industries Berhad's (KLSE:TGUAN) Returns On Capital
Mar 31Could The Market Be Wrong About Thong Guan Industries Berhad (KLSE:TGUAN) Given Its Attractive Financial Prospects?
Mar 15Thong Guan Industries Berhad Just Missed EPS By 7.7%: Here's What Analysts Think Will Happen Next
Feb 28Are Institutions Heavily Invested In Thong Guan Industries Berhad's (KLSE:TGUAN) Shares?
Feb 18
Shareholders Of Thong Guan Industries Berhad (KLSE:TGUAN) Must Be Happy With Their 90% Return
Feb 03Is Thong Guan Industries Berhad (KLSE:TGUAN) A Smart Pick For Income Investors?
Jan 19Is Thong Guan Industries Berhad (KLSE:TGUAN) Using Too Much Debt?
Jan 01Does Thong Guan Industries Berhad (KLSE:TGUAN) Have The Makings Of A Multi-Bagger?
Dec 17Is Thong Guan Industries Berhad's(KLSE:TGUAN) Recent Stock Performance Tethered To Its Strong Fundamentals?
Dec 02With EPS Growth And More, Thong Guan Industries Berhad (KLSE:TGUAN) Is Interesting
Nov 19Financial Position Analysis
Short Term Liabilities: TGUAN's short term assets (MYR852.4M) exceed its short term liabilities (MYR293.4M).
Long Term Liabilities: TGUAN's short term assets (MYR852.4M) exceed its long term liabilities (MYR96.3M).
Debt to Equity History and Analysis
Debt Level: TGUAN has more cash than its total debt.
Reducing Debt: TGUAN's debt to equity ratio has reduced from 27.2% to 20.3% over the past 5 years.
Debt Coverage: TGUAN's debt is well covered by operating cash flow (56.1%).
Interest Coverage: TGUAN's interest payments on its debt are well covered by EBIT (17.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 08:34 |
| End of Day Share Price | 2024/12/30 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 * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Thong Guan Industries Berhad is covered by 3 analysts. 2 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 |
|---|---|
| Shafiq Kadir | CGS International |
| Min-Tze Chua | Kenanga Research |
| Hock Lon Chia | RHB Investment Bank |