Bintai Kinden Corporation Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Bintai Kinden Berhad has a total shareholder equity of MYR82.3M and total debt of MYR139.6M, which brings its debt-to-equity ratio to 169.6%. Its total assets and total liabilities are MYR242.2M and MYR159.9M respectively. Bintai Kinden Berhad's EBIT is MYR21.5M making its interest coverage ratio 2. It has cash and short-term investments of MYR2.3M.
Key information
169.6%
Debt to equity ratio
RM 139.62m
Debt
| Interest coverage ratio | 2x |
| Cash | RM 2.31m |
| Equity | RM 82.32m |
| Total liabilities | RM 159.88m |
| Total assets | RM 242.20m |
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 11Returns On Capital Are Showing Encouraging Signs At Bintai Kinden Corporation Berhad (KLSE:BINTAI)
Mar 28Financial Position Analysis
Short Term Liabilities: BINTAI's short term assets (MYR107.8M) do not cover its short term liabilities (MYR149.0M).
Long Term Liabilities: BINTAI's short term assets (MYR107.8M) exceed its long term liabilities (MYR10.9M).
Debt to Equity History and Analysis
Debt Level: BINTAI's net debt to equity ratio (166.8%) is considered high.
Reducing Debt: BINTAI's debt to equity ratio has increased from 111.8% to 169.6% 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 (2x coverage).