Technodex Bhd Balance Sheet Health
Financial Health criteria checks 3/6
Technodex Bhd has a total shareholder equity of MYR15.7M and total debt of MYR3.5M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are MYR24.6M and MYR8.9M respectively.
Key information
22.4%
Debt to equity ratio
RM3.52m
Debt
Interest coverage ratio | n/a |
Cash | RM4.53m |
Equity | RM15.70m |
Total liabilities | RM8.93m |
Total assets | RM24.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TDEX's short term assets (MYR21.7M) exceed its short term liabilities (MYR8.8M).
Long Term Liabilities: TDEX's short term assets (MYR21.7M) exceed its long term liabilities (MYR119.0K).
Debt to Equity History and Analysis
Debt Level: TDEX has more cash than its total debt.
Reducing Debt: TDEX's debt to equity ratio has increased from 11.2% to 22.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TDEX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TDEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.8% each year