ARK Resources Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
ARK Resources Holdings Berhad has a total shareholder equity of MYR14.5M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR72.8M and MYR58.3M respectively. ARK Resources Holdings Berhad's EBIT is MYR1.6M making its interest coverage ratio 206.4. It has cash and short-term investments of MYR17.9M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | 206.4x |
| Cash | RM17.87m |
| Equity | RM14.54m |
| Total liabilities | RM58.29m |
| Total assets | RM72.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARK's short term assets (MYR70.2M) exceed its short term liabilities (MYR58.3M).
Long Term Liabilities: ARK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARK is debt free.
Reducing Debt: ARK had no debt 5 years ago.
Debt Coverage: ARK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ARK has no debt, therefore coverage of interest payments is not a concern.