CB Industrial Product Holding Berhad Balance Sheet Health
Financial Health criteria checks 4/6
CB Industrial Product Holding Berhad has a total shareholder equity of MYR871.4M and total debt of MYR192.9M, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are MYR1.3B and MYR403.2M respectively. CB Industrial Product Holding Berhad's EBIT is MYR80.4M making its interest coverage ratio 5.9. It has cash and short-term investments of MYR80.1M.
Key information
22.1%
Debt to equity ratio
RM 192.89m
Debt
Interest coverage ratio | 5.9x |
Cash | RM 80.12m |
Equity | RM 871.39m |
Total liabilities | RM 403.25m |
Total assets | RM 1.27b |
Recent financial health updates
Here's Why CB Industrial Product Holding Berhad (KLSE:CBIP) Can Manage Its Debt Responsibly
Sep 29CB 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 06Has 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 (MYR628.8M) exceed its short term liabilities (MYR248.2M).
Long Term Liabilities: CBIP's short term assets (MYR628.8M) exceed its long term liabilities (MYR155.1M).
Debt to Equity History and Analysis
Debt Level: CBIP's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: CBIP's debt to equity ratio has increased from 19.1% to 22.1% over the past 5 years.
Debt Coverage: CBIP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CBIP's interest payments on its debt are well covered by EBIT (5.9x coverage).