Flexidynamic Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Flexidynamic Holdings Berhad has a total shareholder equity of MYR41.1M and total debt of MYR7.7M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are MYR78.9M and MYR37.8M respectively. Flexidynamic Holdings Berhad's EBIT is MYR1.6M making its interest coverage ratio 6.2. It has cash and short-term investments of MYR8.0M.
Key information
18.6%
Debt to equity ratio
RM 7.67m
Debt
| Interest coverage ratio | 6.2x |
| Cash | RM 8.00m |
| Equity | RM 41.13m |
| Total liabilities | RM 37.80m |
| Total assets | RM 78.92m |
Recent financial health updates
No updates
Recent updates
Flexidynamic Holdings Berhad (KLSE:FLEXI) May Have Issues Allocating Its Capital
Oct 08
Investors Aren't Buying Flexidynamic Holdings Berhad's (KLSE:FLEXI) Revenues
Jul 25Investors Could Be Concerned With Flexidynamic Holdings Berhad's (KLSE:FLEXI) Returns On Capital
Feb 17Flexidynamic Holdings Berhad's (KLSE:FLEXI) Returns On Capital Not Reflecting Well On The Business
Jul 08Flexidynamic Holdings Berhad's (KLSE:FLEXI) Soft Earnings Don't Show The Whole Picture
Nov 29Financial Position Analysis
Short Term Liabilities: FLEXI's short term assets (MYR53.6M) exceed its short term liabilities (MYR31.1M).
Long Term Liabilities: FLEXI's short term assets (MYR53.6M) exceed its long term liabilities (MYR6.7M).
Debt to Equity History and Analysis
Debt Level: FLEXI has more cash than its total debt.
Reducing Debt: FLEXI's debt to equity ratio has reduced from 30.9% to 18.6% over the past 5 years.
Debt Coverage: FLEXI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FLEXI's interest payments on its debt are well covered by EBIT (6.2x coverage).