GIIB Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
GIIB Holdings Berhad has a total shareholder equity of MYR33.2M and total debt of MYR8.2M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are MYR91.0M and MYR57.8M respectively.
Key information
24.7%
Debt to equity ratio
RM 8.19m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 3.84m |
| Equity | RM 33.16m |
| Total liabilities | RM 57.84m |
| Total assets | RM 90.99m |
Financial Position Analysis
Short Term Liabilities: GIIB's short term assets (MYR21.2M) do not cover its short term liabilities (MYR38.2M).
Long Term Liabilities: GIIB's short term assets (MYR21.2M) exceed its long term liabilities (MYR19.6M).
Debt to Equity History and Analysis
Debt Level: GIIB's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: GIIB's debt to equity ratio has reduced from 268.4% to 24.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GIIB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GIIB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.5% each year