Aimflex Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Aimflex Berhad has a total shareholder equity of MYR140.0M and total debt of MYR3.2M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are MYR161.2M and MYR21.3M respectively. Aimflex Berhad's EBIT is MYR10.7M making its interest coverage ratio -7.1. It has cash and short-term investments of MYR96.1M.
Key information
2.3%
Debt to equity ratio
RM 3.18m
Debt
| Interest coverage ratio | -7.1x |
| Cash | RM 96.06m |
| Equity | RM 139.95m |
| Total liabilities | RM 21.28m |
| Total assets | RM 161.23m |
Recent financial health updates
No updates
Recent updates
We Think You Can Look Beyond Aimflex Berhad's (KLSE:AIMFLEX) Lackluster Earnings
Sep 05
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 05
What 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 (MYR129.3M) exceed its short term liabilities (MYR16.8M).
Long Term Liabilities: AIMFLEX's short term assets (MYR129.3M) exceed its long term liabilities (MYR4.4M).
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 56.9% to 2.3% over the past 5 years.
Debt Coverage: AIMFLEX's debt is well covered by operating cash flow (560.6%).
Interest Coverage: AIMFLEX earns more interest than it pays, so coverage of interest payments is not a concern.