Betamek Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Betamek Berhad has a total shareholder equity of MYR147.7M and total debt of MYR11.2M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are MYR186.9M and MYR39.2M respectively. Betamek Berhad's EBIT is MYR27.7M making its interest coverage ratio -33.6. It has cash and short-term investments of MYR63.8M.
Key information
7.6%
Debt to equity ratio
RM11.20m
Debt
| Interest coverage ratio | -33.6x |
| Cash | RM63.75m |
| Equity | RM147.70m |
| Total liabilities | RM39.17m |
| Total assets | RM186.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BETA's short term assets (MYR146.6M) exceed its short term liabilities (MYR25.9M).
Long Term Liabilities: BETA's short term assets (MYR146.6M) exceed its long term liabilities (MYR13.3M).
Debt to Equity History and Analysis
Debt Level: BETA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BETA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BETA's debt is well covered by operating cash flow (190.7%).
Interest Coverage: BETA earns more interest than it pays, so coverage of interest payments is not a concern.