Advancecon Holdings Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Advancecon Holdings Berhad has a total shareholder equity of MYR163.5M and total debt of MYR225.0M, which brings its debt-to-equity ratio to 137.6%. Its total assets and total liabilities are MYR572.2M and MYR408.7M respectively.
Key information
137.6%
Debt to equity ratio
RM 225.03m
Debt
Interest coverage ratio | n/a |
Cash | RM 14.12m |
Equity | RM 163.49m |
Total liabilities | RM 408.72m |
Total assets | RM 572.21m |
Recent financial health updates
Is Advancecon Holdings Berhad (KLSE:ADVCON) A Risky Investment?
Sep 18Here's Why Advancecon Holdings Berhad (KLSE:ADVCON) Can Afford Some Debt
Jun 17Does Advancecon Holdings Berhad (KLSE:ADVCON) Have A Healthy Balance Sheet?
Feb 26Advancecon Holdings Berhad (KLSE:ADVCON) Has A Pretty Healthy Balance Sheet
Nov 27Recent updates
Is Advancecon Holdings Berhad (KLSE:ADVCON) A Risky Investment?
Sep 18Here's Why Advancecon Holdings Berhad (KLSE:ADVCON) Can Afford Some Debt
Jun 17At RM0.29, Is It Time To Put Advancecon Holdings Berhad (KLSE:ADVCON) On Your Watch List?
Mar 09Is It Too Late To Consider Buying Advancecon Holdings Berhad (KLSE:ADVCON)?
Nov 05One Advancecon Holdings Berhad (KLSE:ADVCON) Analyst Just Made A Major Cut To Next Year's Estimates
Jun 16Returns On Capital At Advancecon Holdings Berhad (KLSE:ADVCON) Paint A Concerning Picture
Jun 13Does Advancecon Holdings Berhad (KLSE:ADVCON) Have A Healthy Balance Sheet?
Feb 26The Trends At Advancecon Holdings Berhad (KLSE:ADVCON) That You Should Know About
Jan 18Advancecon Holdings Berhad (KLSE:ADVCON) Has A Pretty Healthy Balance Sheet
Nov 27Financial Position Analysis
Short Term Liabilities: ADVCON's short term assets (MYR291.3M) exceed its short term liabilities (MYR288.3M).
Long Term Liabilities: ADVCON's short term assets (MYR291.3M) exceed its long term liabilities (MYR120.5M).
Debt to Equity History and Analysis
Debt Level: ADVCON's net debt to equity ratio (129%) is considered high.
Reducing Debt: ADVCON's debt to equity ratio has increased from 35.9% to 137.6% over the past 5 years.
Debt Coverage: ADVCON's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: Insufficient data to determine if ADVCON's interest payments on its debt are well covered by EBIT.