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Transcend Residential Property Fund Ltd
JSE:TPF

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Transcend Residential Property Fund Ltd
JSE:TPF
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Price: 6.3 Zac Market Closed
Market Cap: 1B Zac

Bankruptcy Probability

Transcend Residential Property Fund Ltd's probability of bankruptcy is 4.9%, pointing to a small but noticeable default risk. The solvency score is 31/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

A solvent company is one that owns more than it owes. Comparing the amount of cash and investments with existing debt gives an idea of the company's long-term financial health.

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Cash & ST Investments
+
Mar 31, 2023 42.1m
Dec 31, 2022 95.8m
Jun 30, 2022 40.4m
Dec 31, 2021 141.1m
Long-Term Investments
+
Mar 31, 2023 2.2B
Dec 31, 2022 2.2B
Jun 30, 2022 2.3B
Dec 31, 2021 2.2B
Debt
+
Mar 31, 2023 577.6m
Dec 31, 2022 631.4m
Jun 30, 2022 973.6m
Dec 31, 2021 1B

Interest Coverage

To determine how easily a company can pay interest on its outstanding debt, the Interest Coverage ratio is used. It represents how many times the company can pay its obligations using its operating income.

The lower the ratio, the more the company is burdened by debt expenses. When a company's interest coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be questionable.

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All Solvency Ratios

Other solvency & liquidity ratios which help to assess the company’s capacity to stay afloat.

Is Transcend Residential Property Fund Ltd at risk of bankruptcy?

Transcend Residential Property Fund Ltd's probability of bankruptcy is 4.9%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Transcend Residential Property Fund Ltd have?

As of the latest report, Transcend Residential Property Fund Ltd has total debt of 577.6m ZAR. This includes both short-term (0 ZAR) and long-term (577.6m ZAR) debt.

You can find a full breakdown on its Balance Sheet.

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