Tiong Nam Logistics Holdings Berhad Balance Sheet Health
Financial Health criteria checks 0/6
Tiong Nam Logistics Holdings Berhad has a total shareholder equity of MYR947.6M and total debt of MYR1.5B, which brings its debt-to-equity ratio to 154.3%. Its total assets and total liabilities are MYR2.9B and MYR1.9B respectively. Tiong Nam Logistics Holdings Berhad's EBIT is MYR166.9M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR21.3M.
Key information
154.3%
Debt to equity ratio
RM1.46b
Debt
| Interest coverage ratio | 2.7x |
| Cash | RM21.26m |
| Equity | RM947.62m |
| Total liabilities | RM1.93b |
| Total assets | RM2.88b |
Recent financial health updates
Here's Why Tiong Nam Logistics Holdings Berhad (KLSE:TNLOGIS) Is Weighed Down By Its Debt Load
Mar 31
Recent updates
After Leaping 25% Tiong Nam Logistics Holdings Berhad (KLSE:TNLOGIS) Shares Are Not Flying Under The Radar
Dec 16Be Wary Of Tiong Nam Logistics Holdings Berhad (KLSE:TNLOGIS) And Its Returns On Capital
Aug 10Capital Allocation Trends At Tiong Nam Logistics Holdings Berhad (KLSE:TNLOGIS) Aren't Ideal
Mar 30At RM0.75, Is Tiong Nam Logistics Holdings Berhad (KLSE:TNLOGIS) Worth Looking At Closely?
Dec 01Tiong Nam Logistics Holdings Berhad's (KLSE:TNLOGIS) Shareholders May Want To Dig Deeper Than Statutory Profit
May 31Tiong Nam Logistics Holdings Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 26Here's Why Tiong Nam Logistics Holdings Berhad (KLSE:TNLOGIS) Is Weighed Down By Its Debt Load
Mar 31Does Tiong Nam Logistics Holdings Berhad's (KLSE:TNLOGIS) CEO Salary Compare Well With The Performance Of The Company?
Mar 02Financial Position Analysis
Short Term Liabilities: TNLOGIS's short term assets (MYR386.6M) do not cover its short term liabilities (MYR622.4M).
Long Term Liabilities: TNLOGIS's short term assets (MYR386.6M) do not cover its long term liabilities (MYR1.3B).
Debt to Equity History and Analysis
Debt Level: TNLOGIS's net debt to equity ratio (152.1%) is considered high.
Reducing Debt: TNLOGIS's debt to equity ratio has increased from 125.2% to 154.3% over the past 5 years.
Debt Coverage: TNLOGIS's debt is not well covered by operating cash flow (7%).
Interest Coverage: TNLOGIS's interest payments on its debt are not well covered by EBIT (2.7x coverage).