Turiya Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Turiya Berhad has a total shareholder equity of MYR132.3M and total debt of MYR33.5M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are MYR177.2M and MYR44.8M respectively. Turiya Berhad's EBIT is MYR8.2M making its interest coverage ratio 2.6. It has cash and short-term investments of MYR5.9M.
Key information
25.3%
Debt to equity ratio
RM33.53m
Debt
| Interest coverage ratio | 2.6x |
| Cash | RM5.87m |
| Equity | RM132.35m |
| Total liabilities | RM44.85m |
| Total assets | RM177.19m |
Recent financial health updates
These 4 Measures Indicate That Turiya Berhad (KLSE:TURIYA) Is Using Debt Extensively
Apr 18
Here's Why Turiya Berhad (KLSE:TURIYA) Has A Meaningful Debt Burden
Nov 14Is Turiya Berhad (KLSE:TURIYA) Using Too Much Debt?
Jul 14We Think Turiya Berhad (KLSE:TURIYA) Is Taking Some Risk With Its Debt
Jun 08Does Turiya Berhad (KLSE:TURIYA) Have A Healthy Balance Sheet?
Jan 20
Recent updates
These 4 Measures Indicate That Turiya Berhad (KLSE:TURIYA) Is Using Debt Extensively
Apr 18Turiya Berhad's (KLSE:TURIYA) P/E Is Still On The Mark Following 41% Share Price Bounce
Apr 18Investors Will Want Turiya Berhad's (KLSE:TURIYA) Growth In ROCE To Persist
Feb 05The Market Lifts Turiya Berhad (KLSE:TURIYA) Shares 27% But It Can Do More
Dec 19Here's Why Turiya Berhad (KLSE:TURIYA) Has A Meaningful Debt Burden
Nov 14Is Turiya Berhad (KLSE:TURIYA) Using Too Much Debt?
Jul 14We Think Turiya Berhad (KLSE:TURIYA) Is Taking Some Risk With Its Debt
Jun 08The Returns At Turiya Berhad (KLSE:TURIYA) Provide Us With Signs Of What's To Come
Feb 23Does Turiya Berhad (KLSE:TURIYA) Have A Healthy Balance Sheet?
Jan 20Estimating The Fair Value Of Turiya Berhad (KLSE:TURIYA)
Dec 15Financial Position Analysis
Short Term Liabilities: TURIYA's short term assets (MYR16.0M) exceed its short term liabilities (MYR7.0M).
Long Term Liabilities: TURIYA's short term assets (MYR16.0M) do not cover its long term liabilities (MYR37.8M).
Debt to Equity History and Analysis
Debt Level: TURIYA's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: TURIYA's debt to equity ratio has reduced from 35.5% to 25.3% over the past 5 years.
Debt Coverage: TURIYA's debt is not well covered by operating cash flow (11%).
Interest Coverage: TURIYA's interest payments on its debt are not well covered by EBIT (2.6x coverage).