Bintai Kinden Corporation Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Bintai Kinden Berhad has a total shareholder equity of MYR79.2M and total debt of MYR132.6M, which brings its debt-to-equity ratio to 167.3%. Its total assets and total liabilities are MYR232.6M and MYR153.4M respectively. Bintai Kinden Berhad's EBIT is MYR24.8M making its interest coverage ratio 2.3. It has cash and short-term investments of MYR6.7M.
Key information
167.3%
Debt to equity ratio
RM 132.57m
Debt
| Interest coverage ratio | 2.3x |
| Cash | RM 6.66m |
| Equity | RM 79.23m |
| Total liabilities | RM 153.38m |
| Total assets | RM 232.61m |
Recent financial health updates
These 4 Measures Indicate That Bintai Kinden Corporation Berhad (KLSE:BINTAI) Is Using Debt Extensively
Nov 01
Bintai Kinden Corporation Berhad (KLSE:BINTAI) Has Debt But No Earnings; Should You Worry?
Sep 19Does Bintai Kinden Corporation Berhad (KLSE:BINTAI) Have A Healthy Balance Sheet?
Jun 09Bintai Kinden Corporation Berhad (KLSE:BINTAI) Seems To Be Using A Lot Of Debt
Sep 29Does Bintai Kinden Corporation Berhad (KLSE:BINTAI) Have A Healthy Balance Sheet?
Jun 09Does Bintai Kinden Corporation Berhad (KLSE:BINTAI) Have A Healthy Balance Sheet?
Jan 05Recent updates
These 4 Measures Indicate That Bintai Kinden Corporation Berhad (KLSE:BINTAI) Is Using Debt Extensively
Nov 01Bintai Kinden Corporation Berhad's (KLSE:BINTAI) Profits Appear To Have Quality Issues
Sep 08Revenues Not Telling The Story For Bintai Kinden Corporation Berhad (KLSE:BINTAI)
Mar 28Bintai Kinden Corporation Berhad (KLSE:BINTAI) Has Debt But No Earnings; Should You Worry?
Sep 19Does Bintai Kinden Corporation Berhad (KLSE:BINTAI) Have A Healthy Balance Sheet?
Jun 09Bintai Kinden Corporation Berhad (KLSE:BINTAI) Looks Inexpensive After Falling 50% But Perhaps Not Attractive Enough
Apr 18Bintai Kinden Corporation Berhad (KLSE:BINTAI) Seems To Be Using A Lot Of Debt
Sep 29Does Bintai Kinden Corporation Berhad (KLSE:BINTAI) Have A Healthy Balance Sheet?
Jun 09Does Bintai Kinden Corporation Berhad (KLSE:BINTAI) Have A Healthy Balance Sheet?
Jan 05Does Bintai Kinden Corporation Berhad (KLSE:BINTAI) Have A Healthy Balance Sheet?
Jul 11Financial Position Analysis
Short Term Liabilities: BINTAI's short term assets (MYR98.3M) exceed its short term liabilities (MYR37.6M).
Long Term Liabilities: BINTAI's short term assets (MYR98.3M) do not cover its long term liabilities (MYR115.7M).
Debt to Equity History and Analysis
Debt Level: BINTAI's net debt to equity ratio (158.9%) is considered high.
Reducing Debt: BINTAI's debt to equity ratio has increased from 128.3% to 167.3% over the past 5 years.
Debt Coverage: BINTAI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BINTAI's interest payments on its debt are not well covered by EBIT (2.3x coverage).