SK Target Group Balance Sheet Health
Financial Health criteria checks 4/6
SK Target Group has a total shareholder equity of MYR36.5M and total debt of MYR3.3M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are MYR49.4M and MYR12.9M respectively. SK Target Group's EBIT is MYR352.0K making its interest coverage ratio 2.7. It has cash and short-term investments of MYR28.1M.
Key information
9.0%
Debt to equity ratio
RM3.28m
Debt
| Interest coverage ratio | 2.7x |
| Cash | RM28.15m |
| Equity | RM36.45m |
| Total liabilities | RM12.92m |
| Total assets | RM49.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8427's short term assets (MYR40.8M) exceed its short term liabilities (MYR9.1M).
Long Term Liabilities: 8427's short term assets (MYR40.8M) exceed its long term liabilities (MYR3.8M).
Debt to Equity History and Analysis
Debt Level: 8427 has more cash than its total debt.
Reducing Debt: 8427's debt to equity ratio has increased from 0% to 9% over the past 5 years.
Debt Coverage: 8427's debt is well covered by operating cash flow (100.5%).
Interest Coverage: 8427's interest payments on its debt are not well covered by EBIT (2.7x coverage).