Yong Tai Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Yong Tai Berhad has a total shareholder equity of MYR275.7M and total debt of MYR186.5M, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are MYR686.9M and MYR411.2M respectively. Yong Tai Berhad's EBIT is MYR18.2M making its interest coverage ratio 1.1. It has cash and short-term investments of MYR7.3M.
Key information
67.7%
Debt to equity ratio
RM 186.49m
Debt
| Interest coverage ratio | 1.1x |
| Cash | RM 7.28m |
| Equity | RM 275.66m |
| Total liabilities | RM 411.20m |
| Total assets | RM 686.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YONGTAI-PA's short term assets (MYR425.1M) exceed its short term liabilities (MYR360.8M).
Long Term Liabilities: YONGTAI-PA's short term assets (MYR425.1M) exceed its long term liabilities (MYR50.4M).
Debt to Equity History and Analysis
Debt Level: YONGTAI-PA's net debt to equity ratio (65%) is considered high.
Reducing Debt: YONGTAI-PA's debt to equity ratio has increased from 42.7% to 67.7% over the past 5 years.
Debt Coverage: YONGTAI-PA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: YONGTAI-PA's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Yong Tai Berhad is covered by 5 analysts. 0 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 |
|---|---|
| He Quah | DBS Vickers Research |
| Yin Yang | Maybank Research Pte. Ltd. |
| Siang Tan | Public Investment Bank Berhad |