Toyo Ventures Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Toyo Ventures Holdings Berhad has a total shareholder equity of MYR142.8M and total debt of MYR7.3M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are MYR575.1M and MYR432.3M respectively. Toyo Ventures Holdings Berhad's EBIT is MYR5.2M making its interest coverage ratio 7.4. It has cash and short-term investments of MYR88.2M.
Key information
5.1%
Debt to equity ratio
RM7.33m
Debt
Interest coverage ratio | 7.4x |
Cash | RM88.20m |
Equity | RM142.79m |
Total liabilities | RM432.31m |
Total assets | RM575.11m |
Recent financial health updates
Is Toyo Ventures Holdings Berhad (KLSE:TOYOVEN) A Risky Investment?
Mar 22Toyo Ventures Holdings Berhad (KLSE:TOYOVEN) Takes On Some Risk With Its Use Of Debt
Sep 19Recent updates
Is Toyo Ventures Holdings Berhad (KLSE:TOYOVEN) A Risky Investment?
Mar 22Toyo Ventures Holdings Berhad's (KLSE:TOYOVEN) Shareholders Might Be Looking For Exit
Jan 15Toyo Ventures Holdings Berhad (KLSE:TOYOVEN) Takes On Some Risk With Its Use Of Debt
Sep 19Toyo Ventures Holdings Berhad (KLSE:TOYOVEN) Might Be Having Difficulty Using Its Capital Effectively
Jul 18There's Been No Shortage Of Growth Recently For Toyo Ventures Holdings Berhad's (KLSE:TOYOVEN) Returns On Capital
Feb 11Calculating The Intrinsic Value Of Toyo Ventures Holdings Berhad (KLSE:TOYOVEN)
May 13Will Toyo Ink Group Berhad (KLSE:TOYOVEN) Multiply In Value Going Forward?
Mar 15Does Toyo Ink Group Berhad (KLSE:TOYOVEN) Deserve A Spot On Your Watchlist?
Jan 19Has Toyo Ink Group Berhad (KLSE:TOYOVEN) Got What It Takes To Become A Multi-Bagger?
Nov 26Financial Position Analysis
Short Term Liabilities: TOYOVEN's short term assets (MYR236.5M) exceed its short term liabilities (MYR19.3M).
Long Term Liabilities: TOYOVEN's short term assets (MYR236.5M) do not cover its long term liabilities (MYR413.0M).
Debt to Equity History and Analysis
Debt Level: TOYOVEN has more cash than its total debt.
Reducing Debt: TOYOVEN's debt to equity ratio has reduced from 9.6% to 5.1% over the past 5 years.
Debt Coverage: TOYOVEN's debt is well covered by operating cash flow (1111.4%).
Interest Coverage: TOYOVEN's interest payments on its debt are well covered by EBIT (7.4x coverage).