Ritamix Global Balance Sheet Health
Financial Health criteria checks 6/6
Ritamix Global has a total shareholder equity of MYR160.2M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR170.5M and MYR10.4M respectively. Ritamix Global's EBIT is MYR11.4M making its interest coverage ratio -8.6. It has cash and short-term investments of MYR98.2M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | -8.6x |
| Cash | RM98.22m |
| Equity | RM160.16m |
| Total liabilities | RM10.35m |
| Total assets | RM170.51m |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Ritamix Global Limited (HKG:1936) Shares Up 27% But Growth Is Lacking
Mar 12
Ritamix 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 (MYR154.9M) exceed its short term liabilities (MYR8.8M).
Long Term Liabilities: 1936's short term assets (MYR154.9M) exceed its long term liabilities (MYR1.5M).
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 3.1%.
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.