Favelle Favco Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Favelle Favco Berhad has a total shareholder equity of MYR801.3M and total debt of MYR75.8M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are MYR1.5B and MYR659.9M respectively. Favelle Favco Berhad's EBIT is MYR93.3M making its interest coverage ratio 16.6. It has cash and short-term investments of MYR190.5M.
Key information
9.5%
Debt to equity ratio
RM 75.84m
Debt
Interest coverage ratio | 16.6x |
Cash | RM 190.47m |
Equity | RM 801.31m |
Total liabilities | RM 659.93m |
Total assets | RM 1.46b |
Recent financial health updates
Here's Why Favelle Favco Berhad (KLSE:FAVCO) Can Manage Its Debt Responsibly
Jun 06Is Favelle Favco Berhad (KLSE:FAVCO) Using Too Much Debt?
Mar 08Favelle Favco Berhad (KLSE:FAVCO) Has A Pretty Healthy Balance Sheet
Dec 07Recent updates
Favelle Favco Berhad's (KLSE:FAVCO) CEO Compensation Is Looking A Bit Stretched At The Moment
Jun 05News 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 (MYR799.8M) exceed its short term liabilities (MYR569.6M).
Long Term Liabilities: FAVCO's short term assets (MYR799.8M) exceed its long term liabilities (MYR90.3M).
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 7.4% to 9.5% over the past 5 years.
Debt Coverage: FAVCO's debt is well covered by operating cash flow (162.2%).
Interest Coverage: FAVCO's interest payments on its debt are well covered by EBIT (16.6x coverage).