TASCO Berhad Balance Sheet Health
Financial Health criteria checks 5/6
TASCO Berhad has a total shareholder equity of MYR695.2M and total debt of MYR358.6M, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are MYR1.8B and MYR1.1B respectively. TASCO Berhad's EBIT is MYR63.0M making its interest coverage ratio 5.8. It has cash and short-term investments of MYR116.5M.
Key information
51.6%
Debt to equity ratio
RM 358.60m
Debt
| Interest coverage ratio | 5.8x |
| Cash | RM 116.47m |
| Equity | RM 695.24m |
| Total liabilities | RM 1.13b |
| Total assets | RM 1.82b |
Recent financial health updates
Is TASCO Berhad (KLSE:TASCO) Using Too Much Debt?
Oct 08
TASCO Berhad (KLSE:TASCO) Seems To Use Debt Quite Sensibly
Mar 30TASCO Berhad (KLSE:TASCO) Has A Pretty Healthy Balance Sheet
Dec 29
Recent updates
TASCO Berhad's (KLSE:TASCO) Dividend Is Being Reduced To MYR0.0235
May 09TASCO Berhad's (KLSE:TASCO) Anemic Earnings Might Be Worse Than You Think
May 07Analysts Just Made A Major Revision To Their TASCO Berhad (KLSE:TASCO) Revenue Forecasts
Aug 08Is There Now An Opportunity In TASCO Berhad (KLSE:TASCO)?
Feb 08Analysts Just Shipped A Meaningful Upgrade To Their TASCO Berhad (KLSE:TASCO) Estimates
Jul 28TASCO Berhad (KLSE:TASCO) Is Increasing Its Dividend To RM0.015
May 19Returns At TASCO Berhad (KLSE:TASCO) Appear To Be Weighed Down
Mar 07Analyst Forecasts For TASCO Berhad (KLSE:TASCO) Are Surging Higher
Jan 29Does This Valuation Of TASCO Berhad (KLSE:TASCO) Imply Investors Are Overpaying?
Dec 14Is TASCO Berhad (KLSE:TASCO) Using Too Much Debt?
Oct 08Analysts Are Betting On TASCO Berhad (KLSE:TASCO) With A Big Upgrade This Week
Jul 31TASCO Berhad's (KLSE:TASCO) Returns On Capital Not Reflecting Well On The Business
Apr 19TASCO Berhad (KLSE:TASCO) Seems To Use Debt Quite Sensibly
Mar 30Is Now An Opportune Moment To Examine TASCO Berhad (KLSE:TASCO)?
Mar 10Is TASCO Berhad (KLSE:TASCO) A Smart Pick For Income Investors?
Feb 23What Percentage Of TASCO Berhad (KLSE:TASCO) Shares Do Insiders Own?
Feb 10TASCO Berhad (KLSE:TASCO) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Jan 27Our Take On The Returns On Capital At TASCO Berhad (KLSE:TASCO)
Jan 13TASCO Berhad (KLSE:TASCO) Has A Pretty Healthy Balance Sheet
Dec 29Did You Miss TASCO Berhad's (KLSE:TASCO) Impressive 145% Share Price Gain?
Dec 15Financial Position Analysis
Short Term Liabilities: TASCO's short term assets (MYR929.3M) exceed its short term liabilities (MYR861.4M).
Long Term Liabilities: TASCO's short term assets (MYR929.3M) exceed its long term liabilities (MYR263.9M).
Debt to Equity History and Analysis
Debt Level: TASCO's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: TASCO's debt to equity ratio has reduced from 68.3% to 51.6% over the past 5 years.
Debt Coverage: TASCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TASCO's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 12:24 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
TASCO Berhad is covered by 6 analysts. 4 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 |
|---|---|
| Minwei Mak | Inter-Pacific Research Sdn Bhd |
| null null | JF Apex Securities Berhad |
| Adam Rahim | MIDF Research |