Taliworks Corporation Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Taliworks Berhad has a total shareholder equity of MYR963.9M and total debt of MYR304.2M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are MYR1.7B and MYR784.1M respectively. Taliworks Berhad's EBIT is MYR90.2M making its interest coverage ratio 6.9. It has cash and short-term investments of MYR133.3M.
Key information
31.6%
Debt to equity ratio
RM304.22m
Debt
Interest coverage ratio | 6.9x |
Cash | RM133.32m |
Equity | RM963.86m |
Total liabilities | RM784.06m |
Total assets | RM1.75b |
Recent financial health updates
Here's Why Taliworks Corporation Berhad (KLSE:TALIWRK) Can Manage Its Debt Responsibly
Jun 03Does Taliworks Corporation Berhad (KLSE:TALIWRK) Have A Healthy Balance Sheet?
Feb 18Recent updates
Taliworks Corporation Berhad (KLSE:TALIWRK) Shares Could Be 34% Below Their Intrinsic Value Estimate
Mar 01Analysts Are Betting On Taliworks Corporation Berhad (KLSE:TALIWRK) With A Big Upgrade This Week
Mar 02Here's Why Taliworks Corporation Berhad (KLSE:TALIWRK) Can Manage Its Debt Responsibly
Jun 03The Taliworks Corporation Berhad (KLSE:TALIWRK) Yearly Results Are Out And Analysts Have Published New Forecasts
Mar 01Does Taliworks Corporation Berhad (KLSE:TALIWRK) Have A Healthy Balance Sheet?
Feb 18Does Taliworks Corporation Berhad (KLSE:TALIWRK) Have A Place In Your Dividend Stock Portfolio?
Jan 28We Think Taliworks Corporation Berhad's (KLSE:TALIWRK) Statutory Profit Might Understate Its Earnings Potential
Jan 06Shareholders Of Taliworks Corporation Berhad (KLSE:TALIWRK) Must Be Happy With Their 45% Return
Dec 16Taliworks Corporation Berhad's (KLSE:TALIWRK) Dismal Stock Performance Reflects Weak Fundamentals
Nov 26Financial Position Analysis
Short Term Liabilities: TALIWRK's short term assets (MYR257.8M) exceed its short term liabilities (MYR152.9M).
Long Term Liabilities: TALIWRK's short term assets (MYR257.8M) do not cover its long term liabilities (MYR631.2M).
Debt to Equity History and Analysis
Debt Level: TALIWRK's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: TALIWRK's debt to equity ratio has reduced from 33.8% to 31.6% over the past 5 years.
Debt Coverage: TALIWRK's debt is well covered by operating cash flow (42.8%).
Interest Coverage: TALIWRK's interest payments on its debt are well covered by EBIT (6.9x coverage).