Tri-Mode System (M) Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Tri-Mode System (M) Berhad has a total shareholder equity of MYR93.2M and total debt of MYR56.8M, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are MYR167.0M and MYR73.7M respectively. Tri-Mode System (M) Berhad's EBIT is MYR3.6M making its interest coverage ratio 1.5. It has cash and short-term investments of MYR13.3M.
Key information
60.9%
Debt to equity ratio
RM56.80m
Debt
| Interest coverage ratio | 1.5x |
| Cash | RM13.25m |
| Equity | RM93.24m |
| Total liabilities | RM73.74m |
| Total assets | RM166.98m |
Recent financial health updates
Is Tri-Mode System (M) Berhad (KLSE:TRIMODE) Using Too Much Debt?
Feb 13
These 4 Measures Indicate That Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Using Debt Extensively
Sep 22These 4 Measures Indicate That Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Using Debt Extensively
May 26These 4 Measures Indicate That Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Using Debt Extensively
Nov 10We Think Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Taking Some Risk With Its Debt
Jun 16Is Tri-Mode System (M) Berhad (KLSE:TRIMODE) Using Too Much Debt?
Oct 12Recent updates
Is Tri-Mode System (M) Berhad (KLSE:TRIMODE) Using Too Much Debt?
Feb 13Tri-Mode System (M) Berhad's (KLSE:TRIMODE) Price Is Right But Growth Is Lacking
Dec 30The Returns On Capital At Tri-Mode System (M) Berhad (KLSE:TRIMODE) Don't Inspire Confidence
Nov 11These 4 Measures Indicate That Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Using Debt Extensively
Sep 22Investors Could Be Concerned With Tri-Mode System (M) Berhad's (KLSE:TRIMODE) Returns On Capital
Jul 13These 4 Measures Indicate That Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Using Debt Extensively
May 26Is Now The Time To Put Tri-Mode System (M) Berhad (KLSE:TRIMODE) On Your Watchlist?
Jan 12These 4 Measures Indicate That Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Using Debt Extensively
Nov 10Is Now The Time To Put Tri-Mode System (M) Berhad (KLSE:TRIMODE) On Your Watchlist?
Jul 20We Think Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Taking Some Risk With Its Debt
Jun 16Do Tri-Mode System (M) Berhad's (KLSE:TRIMODE) Earnings Warrant Your Attention?
Mar 07Is Tri-Mode System (M) Berhad (KLSE:TRIMODE) Using Too Much Debt?
Oct 12Is Tri-Mode System (M) Berhad (KLSE:TRIMODE) A Risky Investment?
Jul 06Some Investors May Be Worried About Tri-Mode System (M) Berhad's (KLSE:TRIMODE) Returns On Capital
Jun 03Estimating The Intrinsic Value Of Tri-Mode System (M) Berhad (KLSE:TRIMODE)
Apr 13These 4 Measures Indicate That Tri-Mode System (M) Berhad (KLSE:TRIMODE) Is Using Debt Reasonably Well
Mar 23We Think That There Are Issues Underlying Tri-Mode System (M) Berhad's (KLSE:TRIMODE) Earnings
Mar 02Should You Investigate Tri-Mode System (M) Berhad (KLSE:TRIMODE) At RM0.54?
Feb 09Is Tri-Mode System (M) Berhad (KLSE:TRIMODE) Likely To Turn Things Around?
Jan 20Tri-Mode System (M) Berhad's (KLSE:TRIMODE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 29A Look At The Fair Value Of Tri-Mode System (M) Berhad (KLSE:TRIMODE)
Dec 07Tri-Mode System (M) Berhad (KLSE:TRIMODE) Seems To Use Debt Quite Sensibly
Nov 20
Financial Position Analysis
Short Term Liabilities: TRIMODE's short term assets (MYR30.7M) exceed its short term liabilities (MYR16.0M).
Long Term Liabilities: TRIMODE's short term assets (MYR30.7M) do not cover its long term liabilities (MYR57.7M).
Debt to Equity History and Analysis
Debt Level: TRIMODE's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: TRIMODE's debt to equity ratio has increased from 21.6% to 60.9% over the past 5 years.
Debt Coverage: TRIMODE's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: TRIMODE's interest payments on its debt are not well covered by EBIT (1.5x coverage).