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 55.2%. Its total assets and total liabilities are MYR12.0B and MYR6.2B respectively. Tropicana Berhad's EBIT is MYR46.4M making its interest coverage ratio 0.2. It has cash and short-term investments of MYR718.1M.
Key information
55.2%
Debt to equity ratio
RM3.21b
Debt
Interest coverage ratio | 0.2x |
Cash | RM718.05m |
Equity | RM5.81b |
Total liabilities | RM6.17b |
Total assets | RM11.98b |
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 (MYR2.9B) do not cover its short term liabilities (MYR3.2B).
Long Term Liabilities: TROP's short term assets (MYR2.9B) do not cover its long term liabilities (MYR3.0B).
Debt to Equity History and Analysis
Debt Level: TROP's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: TROP's debt to equity ratio has increased from 51.3% to 55.2% over the past 5 years.
Debt Coverage: TROP's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: TROP's interest payments on its debt are not well covered by EBIT (0.2x coverage).