GIIB Holdings Berhad Balance Sheet Health

Financial Health criteria checks 3/6

GIIB Holdings Berhad has a total shareholder equity of MYR49.9M and total debt of MYR6.7M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are MYR108.0M and MYR58.1M respectively.

Key information

13.4%

Debt to equity ratio

RM6.69m

Debt

Interest coverage ratio	n/a
Cash	RM4.49m
Equity	RM49.91m
Total liabilities	RM58.06m
Total assets	RM107.97m

Recent financial health updates

GIIB Holdings Berhad (KLSE:GIIB) Is Carrying A Fair Bit Of Debt

Jun 19

Here's Why GIIB Holdings Berhad (KLSE:GIIB) Can Afford Some Debt

Jan 10

Recent updates

A Piece Of The Puzzle Missing From GIIB Holdings Berhad's (KLSE:GIIB) Share Price

Oct 10

GIIB Holdings Berhad (KLSE:GIIB) Is Carrying A Fair Bit Of Debt

Jun 19

Here's Why GIIB Holdings Berhad (KLSE:GIIB) Can Afford Some Debt

Jan 10

Financial Position Analysis

Short Term Liabilities: GIIB's short term assets (MYR38.7M) do not cover its short term liabilities (MYR56.6M).

Long Term Liabilities: GIIB's short term assets (MYR38.7M) exceed its long term liabilities (MYR1.4M).

Debt to Equity History and Analysis

Debt Level: GIIB's net debt to equity ratio (4.4%) is considered satisfactory.

Reducing Debt: GIIB's debt to equity ratio has reduced from 174% to 13.4% over the past 5 years.

Debt Coverage: GIIB's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if GIIB's interest payments on its debt are well covered by EBIT.

GIIB Holdings Berhad Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

GIIB Holdings Berhad (KLSE:GIIB) Is Carrying A Fair Bit Of Debt

Here's Why GIIB Holdings Berhad (KLSE:GIIB) Can Afford Some Debt

Recent updates

GIIB Holdings Berhad has filed a Follow-on Equity Offering in the amount of MYR 4.730344 million.

Second quarter 2024 earnings released: EPS: RM0.004 (vs RM0.02 loss in 2Q 2023)

GIIB Holdings Berhad Announces Redesignation of Tai Qisheng from Executive Director to Chief Executive Officer

First quarter 2024 earnings released: EPS: RM0 (vs RM0 in 1Q 2023)

New major risk - Share price stability

High number of new and inexperienced directors

GIIB Holdings Berhad announced that it expects to receive MYR 6.97 million in funding

GIIB Holdings Berhad announced that it expects to receive MYR 6.97 million in funding

New major risk - Market cap size

A Piece Of The Puzzle Missing From GIIB Holdings Berhad's (KLSE:GIIB) Share Price

GIIB Holdings Berhad Announces Resignation of Tai Boon Wee as Chief Executive Officer

Giib Holdings Berhad Announces Resignation of Lim Teck Seng as Independent and Non Executive Member of Audit Committee

GIIB Holdings Berhad Announces Redesignation of Mr. Tai Boon Wee from Executive Chairman to Chief Executive Officer

GIIB Holdings Berhad Announces Appointment of Tan Sri Datuk Robert Phang Miow Sin as Group Executive Advisor

New major risk - Share price stability

GIIB Holdings Berhad (KLSE:GIIB) Is Carrying A Fair Bit Of Debt

Third quarter 2023 earnings released: EPS: RM0.007 (vs RM0.011 loss in 3Q 2022)

Second quarter 2023 earnings released: RM0.02 loss per share (vs RM0.01 loss in 2Q 2022)

Giib Holdings Berhad Announces Resignation of Wong Weng Yew as Non Independent and Non Executive Director

High number of new and inexperienced directors

GIIB Holdings Berhad, Annual General Meeting, Dec 02, 2022

Full year 2022 earnings released: RM0.044 loss per share (vs RM0.11 loss in FY 2021)

GIIB Holdings Berhad Announces Redesignation of Madam Wong Ping Kiong from Non Executive Director to Executive Director

High number of new and inexperienced directors

High number of new directors

GIIB Holdings Berhad Appoints H'ng Boon Keng as Member of Nomination and Remuneration Committee

GIIB Holdings Berhad Announces Resignation of Yong Wei Sang as Chairman of Nomination and Remuneration Committee

GIIb Holdings Berhad Appoints Tai Qiyao as Executive Director

GIIB Holdings Berhad Appoints Mak Chooi Peng as Company Secretary

Wong Weng Yew Files Originating Summons at the High Court of Malaya at Shah Alam Against GIIB Holdings Berhad

GIIB Holdings Berhad Announces Re-Designation of Wong Weng Yew as Non Executive Director

GIIB Holdings Berhad Terminates Mr. Wong as the Executive Director

GIIB Holdings Berhad Provides Update on Suspension of Director

High number of new and inexperienced directors

GIIB Holdings Berhad Announces Suspension of Mr. Wong Weng Yew as an Executive Director

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Here's Why GIIB Holdings Berhad (KLSE:GIIB) Can Afford Some Debt

Company Secretary Kah Pang has left the company

Director Wei Yee has joined 3rd company board

First quarter 2021 earnings released: RM0.011 loss per share (vs RM0.023 loss in 1Q 2020)

Full year 2020 earnings released: RM0.069 loss per share (vs RM0.29 loss in FY 2019)

New 90-day low: RM0.34

New 90-day low: RM0.56

GIIB Holdings Berhad Announces Re-Designation of Dato Chan Season from Independent and Non-Executive Member of Nomination Committee to Independent and Non-Executive Chairman of Nomination Committee

GIIB Holdings Berhad has completed a Follow-on Equity Offering in the amount of MYR 25.739029 million.

New 90-day low: RM0.59

New 90-day high: RM0.89

New 90-day high: RM0.74

Premium Commodities Sdn Bhd, Goodway Rubber Industries Sdn Bhd and Goodway Integrated Industries Berhad Update on Material Litigation

New 90-day high - RM0.69

Full year earnings released - RM0.08 loss per share

New 90-day high - RM0.27

New 90-day high - RM0.21

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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