Tomei Consolidated Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Tomei Consolidated Berhad has a total shareholder equity of MYR444.3M and total debt of MYR247.9M, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are MYR766.0M and MYR321.7M respectively. Tomei Consolidated Berhad's EBIT is MYR96.2M making its interest coverage ratio 6.6. It has cash and short-term investments of MYR24.4M.
Key information
55.8%
Debt to equity ratio
RM 247.92m
Debt
| Interest coverage ratio | 6.6x |
| Cash | RM 24.36m |
| Equity | RM 444.30m |
| Total liabilities | RM 321.67m |
| Total assets | RM 765.97m |
Recent financial health updates
Does Tomei Consolidated Berhad (KLSE:TOMEI) Have A Healthy Balance Sheet?
Nov 12
Does Tomei Consolidated Berhad (KLSE:TOMEI) Have A Healthy Balance Sheet?
May 21Tomei Consolidated Berhad (KLSE:TOMEI) Takes On Some Risk With Its Use Of Debt
Aug 26Is Tomei Consolidated Berhad (KLSE:TOMEI) A Risky Investment?
Mar 16Here's Why Tomei Consolidated Berhad (KLSE:TOMEI) Can Manage Its Debt Responsibly
May 13Does Tomei Consolidated Berhad (KLSE:TOMEI) Have A Healthy Balance Sheet?
Jan 19Recent updates
Does Tomei Consolidated Berhad (KLSE:TOMEI) Have A Healthy Balance Sheet?
Nov 12Benign Growth For Tomei Consolidated Berhad (KLSE:TOMEI) Underpins Its Share Price
Aug 01Does Tomei Consolidated Berhad (KLSE:TOMEI) Have A Healthy Balance Sheet?
May 21Tomei Consolidated Berhad (KLSE:TOMEI) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Apr 08Tomei Consolidated Berhad (KLSE:TOMEI) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Apr 08Tomei Consolidated Berhad (KLSE:TOMEI) Will Pay A Larger Dividend Than Last Year At MYR0.04
May 17Tomei Consolidated Berhad's (KLSE:TOMEI) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 16The Trend Of High Returns At Tomei Consolidated Berhad (KLSE:TOMEI) Has Us Very Interested
Mar 20Do Tomei Consolidated Berhad's (KLSE:TOMEI) Earnings Warrant Your Attention?
Jan 04Tomei Consolidated Berhad (KLSE:TOMEI) Takes On Some Risk With Its Use Of Debt
Aug 26There's Been No Shortage Of Growth Recently For Tomei Consolidated Berhad's (KLSE:TOMEI) Returns On Capital
Jul 12Is Tomei Consolidated Berhad (KLSE:TOMEI) A Risky Investment?
Mar 16Returns On Capital At Tomei Consolidated Berhad (KLSE:TOMEI) Have Stalled
Feb 17Is It Time To Consider Buying Tomei Consolidated Berhad (KLSE:TOMEI)?
Nov 12Investors Should Be Encouraged By Tomei Consolidated Berhad's (KLSE:TOMEI) Returns On Capital
Jun 24A Look At The Fair Value Of Tomei Consolidated Berhad (KLSE:TOMEI)
Jun 03Here's Why Tomei Consolidated Berhad (KLSE:TOMEI) Can Manage Its Debt Responsibly
May 13Investors Shouldn't Be Too Comfortable With Tomei Consolidated Berhad's (KLSE:TOMEI) Robust Earnings
Apr 12Why Tomei Consolidated Berhad (KLSE:TOMEI) Should Be In Your Dividend Portfolio
Apr 08Should You Be Excited About Tomei Consolidated Berhad's (KLSE:TOMEI) Returns On Capital?
Mar 15Do Tomei Consolidated Berhad's (KLSE:TOMEI) Earnings Warrant Your Attention?
Feb 16
Does Tomei Consolidated Berhad (KLSE:TOMEI) Have A Healthy Balance Sheet?
Jan 19Is It Too Late To Consider Buying Tomei Consolidated Berhad (KLSE:TOMEI)?
Dec 23Returns On Capital - An Important Metric For Tomei Consolidated Berhad (KLSE:TOMEI)
Dec 02Financial Position Analysis
Short Term Liabilities: TOMEI's short term assets (MYR707.3M) exceed its short term liabilities (MYR226.7M).
Long Term Liabilities: TOMEI's short term assets (MYR707.3M) exceed its long term liabilities (MYR95.0M).
Debt to Equity History and Analysis
Debt Level: TOMEI's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: TOMEI's debt to equity ratio has reduced from 79.2% to 55.8% over the past 5 years.
Debt Coverage: TOMEI's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: TOMEI's interest payments on its debt are well covered by EBIT (6.6x coverage).