Furniweb Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Furniweb Holdings has a total shareholder equity of MYR138.4M and total debt of MYR11.9M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are MYR199.9M and MYR61.5M respectively. Furniweb Holdings's EBIT is MYR19.5M making its interest coverage ratio 82.6. It has cash and short-term investments of MYR58.0M.
Key information
8.6%
Debt to equity ratio
RM11.86m
Debt
| Interest coverage ratio | 82.6x |
| Cash | RM57.95m |
| Equity | RM138.40m |
| Total liabilities | RM61.48m |
| Total assets | RM199.88m |
Recent financial health updates
Is Furniweb Holdings (HKG:8480) Using Too Much Debt?
Sep 21
We Think Furniweb Holdings (HKG:8480) Can Stay On Top Of Its Debt
May 11Furniweb Holdings (HKG:8480) Has A Pretty Healthy Balance Sheet
May 31Is Furniweb Holdings (HKG:8480) Using Too Much Debt?
Dec 22Recent updates
We Think You Can Look Beyond Furniweb Holdings' (HKG:8480) Lackluster Earnings
Apr 25Lacklustre Performance Is Driving Furniweb Holdings Limited's (HKG:8480) 32% Price Drop
Apr 10Furniweb Holdings Limited (HKG:8480) Might Not Be As Mispriced As It Looks After Plunging 30%
Feb 21The Return Trends At Furniweb Holdings (HKG:8480) Look Promising
Oct 18Is Furniweb Holdings (HKG:8480) Using Too Much Debt?
Sep 21Furniweb Holdings (HKG:8480) Is Posting Healthy Earnings, But It Is Not All Good News
Apr 09Returns On Capital At Furniweb Holdings (HKG:8480) Paint A Concerning Picture
Feb 23The Returns On Capital At Furniweb Holdings (HKG:8480) Don't Inspire Confidence
Jul 28We Think Furniweb Holdings (HKG:8480) Can Stay On Top Of Its Debt
May 11Returns At Furniweb Holdings (HKG:8480) Are On The Way Up
Mar 18Furniweb Holdings (HKG:8480) Has A Pretty Healthy Balance Sheet
May 31Investors Could Be Concerned With Furniweb Holdings' (HKG:8480) Returns On Capital
Apr 06Is Furniweb Holdings (HKG:8480) Using Too Much Debt?
Dec 22Has Furniweb Holdings (HKG:8480) Got What It Takes To Become A Multi-Bagger?
Nov 17
Financial Position Analysis
Short Term Liabilities: 8480's short term assets (MYR144.9M) exceed its short term liabilities (MYR44.9M).
Long Term Liabilities: 8480's short term assets (MYR144.9M) exceed its long term liabilities (MYR16.6M).
Debt to Equity History and Analysis
Debt Level: 8480 has more cash than its total debt.
Reducing Debt: 8480's debt to equity ratio has reduced from 10.8% to 8.6% over the past 5 years.
Debt Coverage: 8480's debt is well covered by operating cash flow (300%).
Interest Coverage: 8480's interest payments on its debt are well covered by EBIT (82.6x coverage).