Tropicana Corporation Berhad Balance Sheet Health
Financial Health criteria checks 0/6
Tropicana Berhad has a total shareholder equity of MYR5.8B and total debt of MYR3.2B, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are MYR12.2B and MYR6.4B respectively. Tropicana Berhad's EBIT is MYR144.8M making its interest coverage ratio 0.7. It has cash and short-term investments of MYR666.5M.
Key information
55.3%
Debt to equity ratio
RM3.21b
Debt
Interest coverage ratio | 0.7x |
Cash | RM666.46m |
Equity | RM5.80b |
Total liabilities | RM6.38b |
Total assets | RM12.18b |
Recent financial health updates
Is Tropicana Corporation Berhad (KLSE:TROP) Using Debt Sensibly?
Sep 01Tropicana Corporation Berhad (KLSE:TROP) Seems To Be Using A Lot Of Debt
Jan 19Is Tropicana Corporation Berhad (KLSE:TROP) Using Debt Sensibly?
Aug 09Tropicana Corporation Berhad (KLSE:TROP) Seems To Be Using A Lot Of Debt
Mar 03Does Tropicana Corporation Berhad (KLSE:TROP) Have A Healthy Balance Sheet?
Jun 09Recent updates
Is Tropicana Corporation Berhad (KLSE:TROP) Using Debt Sensibly?
Sep 01Tropicana Corporation Berhad (KLSE:TROP) Seems To Be Using A Lot Of Debt
Jan 19Is Tropicana Corporation Berhad (KLSE:TROP) Using Debt Sensibly?
Aug 09Tropicana Corporation Berhad (KLSE:TROP) Seems To Be Using A Lot Of Debt
Mar 03Does Tropicana Corporation Berhad (KLSE:TROP) Have A Healthy Balance Sheet?
Jun 09Tropicana Corporation Berhad (KLSE:TROP) Is Growing Earnings But Are They A Good Guide?
Feb 03What Type Of Shareholders Make Up Tropicana Corporation Berhad's (KLSE:TROP) Share Registry?
Jan 13A Look At Tropicana Corporation Berhad's (KLSE:TROP) Share Price Returns
Dec 22Financial Position Analysis
Short Term Liabilities: TROP's short term assets (MYR3.0B) do not cover its short term liabilities (MYR3.1B).
Long Term Liabilities: TROP's short term assets (MYR3.0B) do not cover its long term liabilities (MYR3.2B).
Debt to Equity History and Analysis
Debt Level: TROP's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: TROP's debt to equity ratio has increased from 51.3% to 55.3% over the past 5 years.
Debt Coverage: TROP's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: TROP's interest payments on its debt are not well covered by EBIT (0.7x coverage).