Citaglobal Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Citaglobal Berhad has a total shareholder equity of MYR376.5M and total debt of MYR59.2M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are MYR594.7M and MYR218.1M respectively. Citaglobal Berhad's EBIT is MYR12.9M making its interest coverage ratio 5. It has cash and short-term investments of MYR32.8M.
Key information
15.7%
Debt to equity ratio
RM 59.20m
Debt
Interest coverage ratio | 5x |
Cash | RM 32.81m |
Equity | RM 376.53m |
Total liabilities | RM 218.15m |
Total assets | RM 594.68m |
Recent financial health updates
Citaglobal Berhad (KLSE:CITAGLB) Has A Pretty Healthy Balance Sheet
Aug 23Is Citaglobal Berhad (KLSE:CITAGLB) Using Debt Sensibly?
Mar 08Here's Why Citaglobal Berhad (KLSE:CITAGLB) Can Manage Its Debt Responsibly
Sep 21Is WZ Satu Berhad (KLSE:WZSATU) Using Too Much Debt?
Mar 07Is WZ Satu Berhad (KLSE:WZSATU) Using Too Much Debt?
Jan 14Recent updates
Citaglobal Berhad (KLSE:CITAGLB) Has A Pretty Healthy Balance Sheet
Aug 23Is Citaglobal Berhad (KLSE:CITAGLB) Using Debt Sensibly?
Mar 08Here's Why Citaglobal Berhad (KLSE:CITAGLB) Can Manage Its Debt Responsibly
Sep 21WZ Satu Berhad (KLSE:WZSATU) Strong Profits May Be Masking Some Underlying Issues
Jun 02Is WZ Satu Berhad (KLSE:WZSATU) Using Too Much Debt?
Mar 07Calculating The Fair Value Of WZ Satu Berhad (KLSE:WZSATU)
Nov 24Estimating The Intrinsic Value Of WZ Satu Berhad (KLSE:WZSATU)
Mar 17Is WZ Satu Berhad (KLSE:WZSATU) Using Too Much Debt?
Jan 14Financial Position Analysis
Short Term Liabilities: CITAGLB's short term assets (MYR321.7M) exceed its short term liabilities (MYR178.6M).
Long Term Liabilities: CITAGLB's short term assets (MYR321.7M) exceed its long term liabilities (MYR39.6M).
Debt to Equity History and Analysis
Debt Level: CITAGLB's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: CITAGLB's debt to equity ratio has reduced from 54.8% to 15.7% over the past 5 years.
Debt Coverage: CITAGLB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CITAGLB's interest payments on its debt are well covered by EBIT (5x coverage).