Betamek Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Betamek Berhad has a total shareholder equity of MYR148.1M and total debt of MYR10.5M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are MYR180.7M and MYR32.6M respectively. Betamek Berhad's EBIT is MYR25.6M making its interest coverage ratio -30.3. It has cash and short-term investments of MYR56.3M.
Key information
7.1%
Debt to equity ratio
RM 10.53m
Debt
| Interest coverage ratio | -30.3x |
| Cash | RM 56.27m |
| Equity | RM 148.10m |
| Total liabilities | RM 32.58m |
| Total assets | RM 180.68m |
Financial Position Analysis
Short Term Liabilities: BETA's short term assets (MYR131.2M) exceed its short term liabilities (MYR19.8M).
Long Term Liabilities: BETA's short term assets (MYR131.2M) exceed its long term liabilities (MYR12.7M).
Debt to Equity History and Analysis
Debt Level: BETA has more cash than its total debt.
Reducing Debt: BETA's debt to equity ratio has increased from 3.8% to 7.1% over the past 5 years.
Debt Coverage: BETA's debt is well covered by operating cash flow (244.8%).
Interest Coverage: BETA earns more interest than it pays, so coverage of interest payments is not a concern.