Rimbaco Group Global Balance Sheet Health
Financial Health criteria checks 6/6
Rimbaco Group Global has a total shareholder equity of MYR153.3M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR348.2M and MYR194.9M respectively. Rimbaco Group Global's EBIT is MYR21.0M making its interest coverage ratio -9.4. It has cash and short-term investments of MYR57.4M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | -9.4x |
| Cash | RM57.45m |
| Equity | RM153.26m |
| Total liabilities | RM194.91m |
| Total assets | RM348.17m |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Rimbaco Group Global (HKG:1953) Aren't Ideal
Aug 19
Here's What's Concerning About Rimbaco Group Global's (HKG:1953) Returns On Capital
Apr 06Rimbaco Group Global (HKG:1953) Will Want To Turn Around Its Return Trends
Nov 17Be Wary Of Rimbaco Group Global (HKG:1953) And Its Returns On Capital
Jun 19Rimbaco Group Global Limited's (HKG:1953) Business Is Yet to Catch Up With Its Share Price
Apr 27Is Rimbaco Group Global Limited's (HKG:1953) ROE Of 4.0% Concerning?
Mar 02Are Rimbaco Group Global's (HKG:1953) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 08Financial Position Analysis
Short Term Liabilities: 1953's short term assets (MYR325.5M) exceed its short term liabilities (MYR193.3M).
Long Term Liabilities: 1953's short term assets (MYR325.5M) exceed its long term liabilities (MYR1.6M).
Debt to Equity History and Analysis
Debt Level: 1953 is debt free.
Reducing Debt: 1953 has no debt compared to 5 years ago when its debt to equity ratio was 6%.
Debt Coverage: 1953 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1953 has no debt, therefore coverage of interest payments is not a concern.