Infinity Logistics and Transport Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Infinity Logistics and Transport Ventures has a total shareholder equity of MYR339.7M and total debt of MYR142.4M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are MYR654.2M and MYR314.5M respectively. Infinity Logistics and Transport Ventures's EBIT is MYR36.2M making its interest coverage ratio 3. It has cash and short-term investments of MYR50.8M.
Key information
41.9%
Debt to equity ratio
RM142.39m
Debt
| Interest coverage ratio | 3x |
| Cash | RM50.77m |
| Equity | RM339.68m |
| Total liabilities | RM314.51m |
| Total assets | RM654.19m |
Recent financial health updates
Infinity Logistics and Transport Ventures (HKG:1442) Takes On Some Risk With Its Use Of Debt
Sep 05
Infinity Logistics and Transport Ventures (HKG:1442) Has A Pretty Healthy Balance Sheet
Mar 31Here's Why Infinity Logistics and Transport Ventures (HKG:1442) Can Manage Its Debt Responsibly
Apr 25Recent updates
Some Infinity Logistics and Transport Ventures Limited (HKG:1442) Shareholders Look For Exit As Shares Take 29% Pounding
Feb 23Risks Still Elevated At These Prices As Infinity Logistics and Transport Ventures Limited (HKG:1442) Shares Dive 25%
Dec 27Infinity Logistics and Transport Ventures (HKG:1442) Takes On Some Risk With Its Use Of Debt
Sep 05Here's Why We Think Infinity Logistics and Transport Ventures (HKG:1442) Is Well Worth Watching
Mar 20Getting In Cheap On Infinity Logistics and Transport Ventures Limited (HKG:1442) Is Unlikely
Jul 22If You Like EPS Growth Then Check Out Infinity Logistics and Transport Ventures (HKG:1442) Before It's Too Late
Apr 28Infinity Logistics and Transport Ventures (HKG:1442) Has A Pretty Healthy Balance Sheet
Mar 31Do Infinity Logistics and Transport Ventures's (HKG:1442) Earnings Warrant Your Attention?
Sep 07Infinity Logistics and Transport Ventures (HKG:1442) Has Some Way To Go To Become A Multi-Bagger
May 22Here's Why Infinity Logistics and Transport Ventures (HKG:1442) Can Manage Its Debt Responsibly
Apr 25Is Infinity Logistics and Transport Ventures Limited's (HKG:1442) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 21Did You Miss Infinity Logistics and Transport Ventures' (HKG:1442) 12% Share Price Gain?
Feb 23Should You Be Impressed By Infinity Logistics and Transport Ventures' (HKG:1442) Returns on Capital?
Jan 19
Are Robust Financials Driving The Recent Rally In Infinity Logistics and Transport Ventures Limited's (HKG:1442) Stock?
Dec 06Financial Position Analysis
Short Term Liabilities: 1442's short term assets (MYR234.7M) exceed its short term liabilities (MYR131.4M).
Long Term Liabilities: 1442's short term assets (MYR234.7M) exceed its long term liabilities (MYR183.1M).
Debt to Equity History and Analysis
Debt Level: 1442's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: 1442's debt to equity ratio has reduced from 52.6% to 41.9% over the past 5 years.
Debt Coverage: 1442's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 1442's interest payments on its debt are not well covered by EBIT (3x coverage).