Dancomech Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Dancomech Holdings Berhad has a total shareholder equity of MYR238.8M and total debt of MYR14.4M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are MYR291.8M and MYR53.0M respectively. Dancomech Holdings Berhad's EBIT is MYR28.9M making its interest coverage ratio 34.8. It has cash and short-term investments of MYR108.2M.
Key information
6.0%
Debt to equity ratio
RM 14.35m
Debt
| Interest coverage ratio | 34.8x |
| Cash | RM 108.25m |
| Equity | RM 238.76m |
| Total liabilities | RM 53.00m |
| Total assets | RM 291.76m |
Recent financial health updates
Dancomech Holdings Berhad (KLSE:DANCO) Could Easily Take On More Debt
Aug 05
Dancomech Holdings Berhad (KLSE:DANCO) Seems To Use Debt Rather Sparingly
Apr 01These 4 Measures Indicate That Dancomech Holdings Berhad (KLSE:DANCO) Is Using Debt Reasonably Well
Dec 14Recent updates
Dancomech Holdings Berhad (KLSE:DANCO) Could Easily Take On More Debt
Aug 05Dancomech Holdings Berhad's (KLSE:DANCO) Business And Shares Still Trailing The Market
May 13Dancomech Holdings Berhad (KLSE:DANCO) Has Affirmed Its Dividend Of MYR0.0075
Aug 28Dancomech Holdings Berhad's (KLSE:DANCO) Intrinsic Value Is Potentially 35% Above Its Share Price
Mar 02Dancomech Holdings Berhad (KLSE:DANCO) Is Due To Pay A Dividend Of MYR0.0075
Aug 26Dancomech Holdings Berhad (KLSE:DANCO) Will Pay A Dividend Of RM0.013
Feb 27Calculating The Intrinsic Value Of Dancomech Holdings Berhad (KLSE:DANCO)
Feb 25Dancomech Holdings Berhad's (KLSE:DANCO) Solid Earnings May Rest On Weak Foundations
Sep 15At RM0.57, Is It Time To Put Dancomech Holdings Berhad (KLSE:DANCO) On Your Watch List?
May 27Would Dancomech Holdings Berhad (KLSE:DANCO) Be Valuable To Income Investors?
May 06Here's Why I Think Dancomech Holdings Berhad (KLSE:DANCO) Might Deserve Your Attention Today
Apr 19Dancomech Holdings Berhad (KLSE:DANCO) Seems To Use Debt Rather Sparingly
Apr 01Why You Might Be Interested In Dancomech Holdings Berhad (KLSE:DANCO) For Its Upcoming Dividend
Mar 14Dancomech Holdings Berhad (KLSE:DANCO) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Mar 04Why Dancomech Holdings Berhad (KLSE:DANCO) Could Be Worth Watching
Feb 14What To Know Before Buying Dancomech Holdings Berhad (KLSE:DANCO) For Its Dividend
Jan 27Should Dancomech Holdings Berhad (KLSE:DANCO) Be Disappointed With Their 43% Profit?
Jan 06These 4 Measures Indicate That Dancomech Holdings Berhad (KLSE:DANCO) Is Using Debt Reasonably Well
Dec 14Is Dancomech Holdings Berhad's (KLSE:DANCO) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Nov 23Financial Position Analysis
Short Term Liabilities: DANCO's short term assets (MYR210.5M) exceed its short term liabilities (MYR39.4M).
Long Term Liabilities: DANCO's short term assets (MYR210.5M) exceed its long term liabilities (MYR13.6M).
Debt to Equity History and Analysis
Debt Level: DANCO has more cash than its total debt.
Reducing Debt: DANCO's debt to equity ratio has increased from 1% to 6% over the past 5 years.
Debt Coverage: DANCO's debt is well covered by operating cash flow (135%).
Interest Coverage: DANCO's interest payments on its debt are well covered by EBIT (34.8x coverage).