Aimflex Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Aimflex Berhad has a total shareholder equity of MYR134.9M and total debt of MYR3.2M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are MYR163.7M and MYR28.8M respectively. Aimflex Berhad's EBIT is MYR12.4M making its interest coverage ratio 66. It has cash and short-term investments of MYR91.3M.
Key information
2.4%
Debt to equity ratio
RM3.25m
Debt
Interest coverage ratio | 66x |
Cash | RM91.31m |
Equity | RM134.90m |
Total liabilities | RM28.85m |
Total assets | RM163.75m |
Recent financial health updates
No updates
Recent updates
There Are Reasons To Feel Uneasy About Aimflex Berhad's (KLSE:AIMFLEX) Returns On Capital
Nov 30Investors Could Be Concerned With Aimflex Berhad's (KLSE:AIMFLEX) Returns On Capital
Oct 13Aimflex Berhad (KLSE:AIMFLEX) Will Be Hoping To Turn Its Returns On Capital Around
Jun 14Aimflex Berhad (KLSE:AIMFLEX) Might Be Having Difficulty Using Its Capital Effectively
Mar 07Aimflex Berhad (KLSE:AIMFLEX) Could Be Struggling To Allocate Capital
Nov 16Investors Could Be Concerned With Aimflex Berhad's (KLSE:AIMFLEX) Returns On Capital
Aug 16Aimflex Berhad's (KLSE:AIMFLEX) Returns On Capital Not Reflecting Well On The Business
Mar 29Has Aimflex Berhad's (KLSE:AIMFLEX) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Mar 03Does i-Stone Group Berhad's (KLSE:ISTONE) Share Price Gain of 19% Match Its Business Performance?
Feb 05What i-Stone Group Berhad's (KLSE:ISTONE) P/E Is Not Telling You
Jan 11Does i-Stone Group Berhad's (KLSE:ISTONE) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 21i-Stone Group Berhad's (KLSE:ISTONE) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Nov 25Financial Position Analysis
Short Term Liabilities: AIMFLEX's short term assets (MYR131.1M) exceed its short term liabilities (MYR24.1M).
Long Term Liabilities: AIMFLEX's short term assets (MYR131.1M) exceed its long term liabilities (MYR4.7M).
Debt to Equity History and Analysis
Debt Level: AIMFLEX has more cash than its total debt.
Reducing Debt: AIMFLEX's debt to equity ratio has reduced from 52.9% to 2.4% over the past 5 years.
Debt Coverage: AIMFLEX's debt is well covered by operating cash flow (526.7%).
Interest Coverage: AIMFLEX's interest payments on its debt are well covered by EBIT (66x coverage).