Teo Guan Lee Corporation Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Teo Guan Lee Berhad has a total shareholder equity of MYR112.3M and total debt of MYR6.4M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are MYR140.0M and MYR27.7M respectively. Teo Guan Lee Berhad's EBIT is MYR15.3M making its interest coverage ratio 29. It has cash and short-term investments of MYR30.4M.
Key information
5.7%
Debt to equity ratio
RM6.37m
Debt
| Interest coverage ratio | 29x |
| Cash | RM30.43m |
| Equity | RM112.27m |
| Total liabilities | RM27.72m |
| Total assets | RM139.99m |
Recent financial health updates
Teo Guan Lee Corporation Berhad (KLSE:TGL) Has A Pretty Healthy Balance Sheet
Sep 13
Is Teo Guan Lee Corporation Berhad (KLSE:TGL) Using Too Much Debt?
May 13Is Teo Guan Lee Corporation Berhad (KLSE:TGL) Using Too Much Debt?
Jan 05Recent updates
Teo Guan Lee Corporation Berhad's (KLSE:TGL) Upcoming Dividend Will Be Larger Than Last Year's
Dec 04The Returns At Teo Guan Lee Corporation Berhad (KLSE:TGL) Aren't Growing
Nov 28Teo Guan Lee Corporation Berhad (KLSE:TGL) Has A Pretty Healthy Balance Sheet
Sep 13Returns At Teo Guan Lee Corporation Berhad (KLSE:TGL) Are On The Way Up
Aug 11Teo Guan Lee Corporation Berhad's (KLSE:TGL) Conservative Accounting Might Explain Soft Earnings
Jun 02Is Teo Guan Lee Corporation Berhad (KLSE:TGL) Using Too Much Debt?
May 13Here's What You Should Know About Teo Guan Lee Corporation Berhad's (KLSE:TGL) 4.3% Dividend Yield
Mar 31Estimating The Intrinsic Value Of Teo Guan Lee Corporation Berhad (KLSE:TGL)
Mar 08How Is Teo Guan Lee Corporation Berhad's (KLSE:TGL) CEO Paid Relative To Peers?
Feb 03Is Teo Guan Lee Corporation Berhad (KLSE:TGL) Using Too Much Debt?
Jan 05Here’s What’s Happening With Returns At Teo Guan Lee Corporation Berhad (KLSE:TGL)
Dec 02Financial Position Analysis
Short Term Liabilities: TGL's short term assets (MYR102.9M) exceed its short term liabilities (MYR20.1M).
Long Term Liabilities: TGL's short term assets (MYR102.9M) exceed its long term liabilities (MYR7.6M).
Debt to Equity History and Analysis
Debt Level: TGL has more cash than its total debt.
Reducing Debt: TGL's debt to equity ratio has reduced from 5.9% to 5.7% over the past 5 years.
Debt Coverage: TGL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TGL's interest payments on its debt are well covered by EBIT (29x coverage).