ACO Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
ACO Group Berhad has a total shareholder equity of MYR92.1M and total debt of MYR21.6M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are MYR157.9M and MYR65.9M respectively. ACO Group Berhad's EBIT is MYR5.3M making its interest coverage ratio 7.9. It has cash and short-term investments of MYR18.0M.
Key information
23.5%
Debt to equity ratio
RM21.61m
Debt
| Interest coverage ratio | 7.9x |
| Cash | RM18.04m |
| Equity | RM92.10m |
| Total liabilities | RM65.85m |
| Total assets | RM157.95m |
Recent financial health updates
Is ACO Group Berhad (KLSE:ACO) A Risky Investment?
Oct 11
Is ACO Group Berhad (KLSE:ACO) A Risky Investment?
Jan 07Here's Why ACO Group Berhad (KLSE:ACO) Can Manage Its Debt Responsibly
Sep 27Does ACO Group Berhad (KLSE:ACO) Have A Healthy Balance Sheet?
May 24These 4 Measures Indicate That ACO Group Berhad (KLSE:ACO) Is Using Debt Extensively
Jan 29
Recent updates
ACO Group Berhad (KLSE:ACO) Could Be Struggling To Allocate Capital
Nov 20Is ACO Group Berhad (KLSE:ACO) A Risky Investment?
Oct 11ACO Group Berhad (KLSE:ACO) Might Be Having Difficulty Using Its Capital Effectively
Dec 07Is ACO Group Berhad (KLSE:ACO) A Risky Investment?
Jan 07Here's Why ACO Group Berhad (KLSE:ACO) Can Manage Its Debt Responsibly
Sep 27Be Wary Of ACO Group Berhad (KLSE:ACO) And Its Returns On Capital
Aug 23Does ACO Group Berhad (KLSE:ACO) Have A Healthy Balance Sheet?
May 24Should You Be Impressed By ACO Group Berhad's (KLSE:ACO) Returns on Capital?
Mar 17These 4 Measures Indicate That ACO Group Berhad (KLSE:ACO) Is Using Debt Extensively
Jan 29Financial Position Analysis
Short Term Liabilities: ACO's short term assets (MYR104.5M) exceed its short term liabilities (MYR55.1M).
Long Term Liabilities: ACO's short term assets (MYR104.5M) exceed its long term liabilities (MYR10.8M).
Debt to Equity History and Analysis
Debt Level: ACO's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: ACO's debt to equity ratio has reduced from 72.6% to 23.5% over the past 5 years.
Debt Coverage: ACO's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: ACO's interest payments on its debt are well covered by EBIT (7.9x coverage).