CB Industrial Product Holding Berhad Balance Sheet Health
Financial Health criteria checks 5/6
CB Industrial Product Holding Berhad has a total shareholder equity of MYR858.8M and total debt of MYR172.4M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are MYR1.2B and MYR320.4M respectively. CB Industrial Product Holding Berhad's EBIT is MYR101.5M making its interest coverage ratio 8.3. It has cash and short-term investments of MYR88.9M.
Key information
20.1%
Debt to equity ratio
RM172.35m
Debt
| Interest coverage ratio | 8.3x |
| Cash | RM88.89m |
| Equity | RM858.81m |
| Total liabilities | RM320.44m |
| Total assets | RM1.18b |
Recent financial health updates
Here's Why CB Industrial Product Holding Berhad (KLSE:CBIP) Can Manage Its Debt Responsibly
Sep 29
CB Industrial Product Holding Berhad (KLSE:CBIP) Has A Pretty Healthy Balance Sheet
Jan 24Recent updates
Here's Why CB Industrial Product Holding Berhad (KLSE:CBIP) Can Manage Its Debt Responsibly
Sep 29CB Industrial Product Holding Berhad's (KLSE:CBIP) Returns On Capital Not Reflecting Well On The Business
Aug 03Here's Why CB Industrial Product Holding Berhad (KLSE:CBIP) Has Caught The Eye Of Investors
Jun 15A Look At The Intrinsic Value Of CB Industrial Product Holding Berhad (KLSE:CBIP)
May 11New Forecasts: Here's What Analysts Think The Future Holds For CB Industrial Product Holding Berhad (KLSE:CBIP)
Mar 01CB Industrial Product Holding Berhad's (KLSE:CBIP) Dividend Will Be RM0.02
Oct 06What Is The Ownership Structure Like For CB Industrial Product Holding Berhad (KLSE:CBIP)?
Mar 04Here's What You Should Know About CB Industrial Product Holding Berhad's (KLSE:CBIP) 3.8% Dividend Yield
Feb 11CB Industrial Product Holding Berhad (KLSE:CBIP) Has A Pretty Healthy Balance Sheet
Jan 24CB Industrial Product Holding Berhad (KLSE:CBIP) Share Prices Have Dropped 46% In The Last Five Years
Jan 06
Has CB Industrial Product Holding Berhad (KLSE:CBIP) Got What It Takes To Become A Multi-Bagger?
Dec 19Broker Revenue Forecasts For CB Industrial Product Holding Berhad (KLSE:CBIP) Are Surging Higher
Dec 01Are CB Industrial Product Holding Berhad's (KLSE:CBIP) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 28Financial Position Analysis
Short Term Liabilities: CBIP's short term assets (MYR433.6M) exceed its short term liabilities (MYR161.8M).
Long Term Liabilities: CBIP's short term assets (MYR433.6M) exceed its long term liabilities (MYR158.6M).
Debt to Equity History and Analysis
Debt Level: CBIP's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: CBIP's debt to equity ratio has increased from 15.7% to 20.1% over the past 5 years.
Debt Coverage: CBIP's debt is well covered by operating cash flow (37.8%).
Interest Coverage: CBIP's interest payments on its debt are well covered by EBIT (8.3x coverage).