ACO Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
ACO Group Berhad has a total shareholder equity of MYR93.4M and total debt of MYR22.3M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are MYR160.2M and MYR66.8M respectively. ACO Group Berhad's EBIT is MYR5.5M making its interest coverage ratio 13.7. It has cash and short-term investments of MYR12.9M.
Key information
23.9%
Debt to equity ratio
RM 22.27m
Debt
| Interest coverage ratio | 13.7x |
| Cash | RM 12.95m |
| Equity | RM 93.38m |
| Total liabilities | RM 66.78m |
| Total assets | RM 160.16m |
Recent financial health updates
Is ACO Group Berhad (KLSE:ACO) A Risky Investment?
Jun 13
Is ACO Group Berhad (KLSE:ACO) A Risky Investment?
Oct 11Is 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
There's Reason For Concern Over ACO Group Berhad's (KLSE:ACO) Massive 30% Price Jump
Jul 01Is ACO Group Berhad (KLSE:ACO) A Risky Investment?
Jun 13ACO 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 (MYR106.7M) exceed its short term liabilities (MYR56.0M).
Long Term Liabilities: ACO's short term assets (MYR106.7M) exceed its long term liabilities (MYR10.8M).
Debt to Equity History and Analysis
Debt Level: ACO's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: ACO's debt to equity ratio has reduced from 60.1% to 23.9% over the past 5 years.
Debt Coverage: ACO's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: ACO's interest payments on its debt are well covered by EBIT (13.7x coverage).