Ritamix Global Balance Sheet Health
Financial Health criteria checks 6/6
Ritamix Global has a total shareholder equity of MYR164.6M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR177.2M and MYR12.6M respectively. Ritamix Global's EBIT is MYR8.9M making its interest coverage ratio -5.9. It has cash and short-term investments of MYR89.5M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | -5.9x |
| Cash | RM 89.51m |
| Equity | RM 164.60m |
| Total liabilities | RM 12.56m |
| Total assets | RM 177.16m |
Recent financial health updates
No updates
Recent updates
Ritamix Global (HKG:1936) Will Be Hoping To Turn Its Returns On Capital Around
Dec 16
Ritamix Global Limited (HKG:1936) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Oct 26Ritamix Global's (HKG:1936) Solid Earnings May Rest On Weak Foundations
Oct 04Earnings Not Telling The Story For Ritamix Global Limited (HKG:1936)
Sep 10Optimistic Investors Push Ritamix Global Limited (HKG:1936) Shares Up 27% But Growth Is Lacking
Mar 12Ritamix Global Limited's (HKG:1936) Price Is Out Of Tune With Earnings
Jan 22Ritamix Global (HKG:1936) Ticks All The Boxes When It Comes To Earnings Growth
Feb 13Some Investors May Be Worried About Ritamix Global's (HKG:1936) Returns On Capital
Aug 08The Returns On Capital At Ritamix Global (HKG:1936) Don't Inspire Confidence
May 18Is Ritamix Global Limited's (HKG:1936) 7.4% ROE Strong Compared To Its Industry?
Nov 25
Financial Position Analysis
Short Term Liabilities: 1936's short term assets (MYR161.8M) exceed its short term liabilities (MYR11.4M).
Long Term Liabilities: 1936's short term assets (MYR161.8M) exceed its long term liabilities (MYR1.2M).
Debt to Equity History and Analysis
Debt Level: 1936 is debt free.
Reducing Debt: 1936 has no debt compared to 5 years ago when its debt to equity ratio was 2.4%.
Debt Coverage: 1936 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1936 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 01:07 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ritamix Global Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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