Swang Chai Chuan Balance Sheet Health
Financial Health criteria checks 5/6
Swang Chai Chuan has a total shareholder equity of MYR245.0M and total debt of MYR37.2M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are MYR368.8M and MYR123.8M respectively. Swang Chai Chuan's EBIT is MYR29.3M making its interest coverage ratio 59.8. It has cash and short-term investments of MYR69.6M.
Key information
15.2%
Debt to equity ratio
RM 37.17m
Debt
| Interest coverage ratio | 59.8x |
| Cash | RM 69.63m |
| Equity | RM 244.98m |
| Total liabilities | RM 123.82m |
| Total assets | RM 368.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2321's short term assets (MYR306.0M) exceed its short term liabilities (MYR99.0M).
Long Term Liabilities: 2321's short term assets (MYR306.0M) exceed its long term liabilities (MYR24.8M).
Debt to Equity History and Analysis
Debt Level: 2321 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2321's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2321's debt is well covered by operating cash flow (82.7%).
Interest Coverage: 2321's interest payments on its debt are well covered by EBIT (59.8x coverage).