CPE Technology Berhad Balance Sheet Health
Financial Health criteria checks 6/6
CPE Technology Berhad has a total shareholder equity of MYR314.2M and total debt of MYR9.0M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are MYR343.4M and MYR29.2M respectively. CPE Technology Berhad's EBIT is MYR9.7M making its interest coverage ratio -3.5. It has cash and short-term investments of MYR20.1M.
Key information
2.9%
Debt to equity ratio
RM 8.97m
Debt
| Interest coverage ratio | -3.5x |
| Cash | RM 20.10m |
| Equity | RM 314.18m |
| Total liabilities | RM 29.25m |
| Total assets | RM 343.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPETECH's short term assets (MYR281.3M) exceed its short term liabilities (MYR19.9M).
Long Term Liabilities: CPETECH's short term assets (MYR281.3M) exceed its long term liabilities (MYR9.4M).
Debt to Equity History and Analysis
Debt Level: CPETECH has more cash than its total debt.
Reducing Debt: CPETECH's debt to equity ratio has reduced from 14.1% to 2.9% over the past 5 years.
Debt Coverage: CPETECH's debt is well covered by operating cash flow (218.3%).
Interest Coverage: CPETECH earns more interest than it pays, so coverage of interest payments is not a concern.