Tenaga Nasional Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Tenaga Nasional Berhad has a total shareholder equity of MYR61.6B and total debt of MYR57.8B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are MYR202.8B and MYR141.2B respectively. Tenaga Nasional Berhad's EBIT is MYR7.4B making its interest coverage ratio 2.3. It has cash and short-term investments of MYR17.7B.
Key information
93.9%
Debt to equity ratio
RM 57.80b
Debt
| Interest coverage ratio | 2.3x |
| Cash | RM 17.66b |
| Equity | RM 61.55b |
| Total liabilities | RM 141.21b |
| Total assets | RM 202.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNAB.Y's short term assets (MYR39.3B) exceed its short term liabilities (MYR30.6B).
Long Term Liabilities: TNAB.Y's short term assets (MYR39.3B) do not cover its long term liabilities (MYR110.6B).
Debt to Equity History and Analysis
Debt Level: TNAB.Y's net debt to equity ratio (65.2%) is considered high.
Reducing Debt: TNAB.Y's debt to equity ratio has increased from 78.5% to 93.9% over the past 5 years.
Debt Coverage: TNAB.Y's debt is well covered by operating cash flow (45.8%).
Interest Coverage: TNAB.Y's interest payments on its debt are not well covered by EBIT (2.3x coverage).