BGMC International Balance Sheet Health
Financial Health criteria checks 4/6
BGMC International has a total shareholder equity of MYR21.0M and total debt of MYR48.5M, which brings its debt-to-equity ratio to 230.8%. Its total assets and total liabilities are MYR171.5M and MYR150.5M respectively.
Key information
230.8%
Debt to equity ratio
RM 48.52m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 6.50m |
| Equity | RM 21.02m |
| Total liabilities | RM 150.45m |
| Total assets | RM 171.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2970's short term assets (MYR120.9M) exceed its short term liabilities (MYR101.8M).
Long Term Liabilities: 2970's short term assets (MYR120.9M) exceed its long term liabilities (MYR48.7M).
Debt to Equity History and Analysis
Debt Level: 2970's net debt to equity ratio (199.9%) is considered high.
Reducing Debt: 2970's debt to equity ratio has increased from 100.2% to 230.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2970 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2970 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.7% per year.