Favelle Favco Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Favelle Favco Berhad has a total shareholder equity of MYR787.4M and total debt of MYR68.0M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are MYR1.5B and MYR669.4M respectively. Favelle Favco Berhad's EBIT is MYR98.4M making its interest coverage ratio 17.8. It has cash and short-term investments of MYR164.8M.
Key information
8.6%
Debt to equity ratio
RM68.02m
Debt
| Interest coverage ratio | 17.8x |
| Cash | RM164.84m |
| Equity | RM787.45m |
| Total liabilities | RM669.44m |
| Total assets | RM1.46b |
Recent financial health updates
Here's Why Favelle Favco Berhad (KLSE:FAVCO) Can Manage Its Debt Responsibly
Jun 06
Is Favelle Favco Berhad (KLSE:FAVCO) Using Too Much Debt?
Mar 08Favelle Favco Berhad (KLSE:FAVCO) Has A Pretty Healthy Balance Sheet
Dec 07
Recent updates
News Flash: One Favelle Favco Berhad (KLSE:FAVCO) Analyst Has Been Trimming Their Revenue Forecasts
Aug 25Favelle Favco Berhad (KLSE:FAVCO) May Have Issues Allocating Its Capital
May 07Here's Why Favelle Favco Berhad (KLSE:FAVCO) Can Manage Its Debt Responsibly
Jun 06Be Wary Of Favelle Favco Berhad (KLSE:FAVCO) And Its Returns On Capital
Apr 15Need To Know: Analysts Just Made A Substantial Cut To Their Favelle Favco Berhad (KLSE:FAVCO) Estimates
Mar 31An Intrinsic Calculation For Favelle Favco Berhad (KLSE:FAVCO) Suggests It's 33% Undervalued
Mar 26Is Favelle Favco Berhad (KLSE:FAVCO) Using Too Much Debt?
Mar 08How Much Did Favelle Favco Berhad's (KLSE:FAVCO) Shareholders Earn On Their Investment Over The Last Five Years?
Jan 31Is Favelle Favco Berhad's (KLSE:FAVCO) Shareholder Ownership Skewed Towards Insiders?
Jan 13What Do The Returns On Capital At Favelle Favco Berhad (KLSE:FAVCO) Tell Us?
Dec 26Favelle Favco Berhad (KLSE:FAVCO) Has A Pretty Healthy Balance Sheet
Dec 07Should You Buy Favelle Favco Berhad (KLSE:FAVCO) For Its Dividend?
Nov 19Financial Position Analysis
Short Term Liabilities: FAVCO's short term assets (MYR794.9M) exceed its short term liabilities (MYR581.4M).
Long Term Liabilities: FAVCO's short term assets (MYR794.9M) exceed its long term liabilities (MYR88.0M).
Debt to Equity History and Analysis
Debt Level: FAVCO has more cash than its total debt.
Reducing Debt: FAVCO's debt to equity ratio has increased from 4.2% to 8.6% over the past 5 years.
Debt Coverage: FAVCO's debt is well covered by operating cash flow (189.4%).
Interest Coverage: FAVCO's interest payments on its debt are well covered by EBIT (17.8x coverage).