Tenaga Nasional Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Tenaga Nasional Berhad has a total shareholder equity of MYR61.1B and total debt of MYR61.8B, which brings its debt-to-equity ratio to 101.1%. Its total assets and total liabilities are MYR204.7B and MYR143.7B respectively. Tenaga Nasional Berhad's EBIT is MYR7.1B making its interest coverage ratio 2. It has cash and short-term investments of MYR20.7B.
Key information
101.1%
Debt to equity ratio
RM61.78b
Debt
| Interest coverage ratio | 2x |
| Cash | RM20.66b |
| Equity | RM61.08b |
| Total liabilities | RM143.66b |
| Total assets | RM204.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNAB.Y's short term assets (MYR40.6B) exceed its short term liabilities (MYR32.8B).
Long Term Liabilities: TNAB.Y's short term assets (MYR40.6B) do not cover its long term liabilities (MYR110.8B).
Debt to Equity History and Analysis
Debt Level: TNAB.Y's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: TNAB.Y's debt to equity ratio has increased from 81% to 101.1% over the past 5 years.
Debt Coverage: TNAB.Y's debt is well covered by operating cash flow (52.2%).
Interest Coverage: TNAB.Y's interest payments on its debt are not well covered by EBIT (2x coverage).