Flexidynamic Holdings Berhad

KLSE:FLEXI Stock Report

Market Cap: RM70.4m

Flexidynamic Holdings Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Flexidynamic Holdings Berhad has a total shareholder equity of MYR37.9M and total debt of MYR7.2M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are MYR68.9M and MYR31.0M respectively. Flexidynamic Holdings Berhad's EBIT is MYR2.1M making its interest coverage ratio 14.5. It has cash and short-term investments of MYR8.1M.

Key information

19.0%

Debt to equity ratio

RM7.20m

Debt

Interest coverage ratio14.5x
CashRM8.15m
EquityRM37.86m
Total liabilitiesRM31.02m
Total assetsRM68.88m

Recent financial health updates

No updates

Recent updates

Investors Aren't Buying Flexidynamic Holdings Berhad's (KLSE:FLEXI) Revenues

Jul 25
Investors Aren't Buying Flexidynamic Holdings Berhad's (KLSE:FLEXI) Revenues

Investors Could Be Concerned With Flexidynamic Holdings Berhad's (KLSE:FLEXI) Returns On Capital

Feb 17
Investors Could Be Concerned With Flexidynamic Holdings Berhad's (KLSE:FLEXI) Returns On Capital

Flexidynamic Holdings Berhad's (KLSE:FLEXI) Returns On Capital Not Reflecting Well On The Business

Jul 08
Flexidynamic Holdings Berhad's (KLSE:FLEXI) Returns On Capital Not Reflecting Well On The Business

Flexidynamic Holdings Berhad's (KLSE:FLEXI) Soft Earnings Don't Show The Whole Picture

Nov 29
Flexidynamic Holdings Berhad's (KLSE:FLEXI) Soft Earnings Don't Show The Whole Picture

Financial Position Analysis

Short Term Liabilities: FLEXI's short term assets (MYR43.0M) exceed its short term liabilities (MYR23.9M).

Long Term Liabilities: FLEXI's short term assets (MYR43.0M) exceed its long term liabilities (MYR7.1M).


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 27.9% to 19% 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 (14.5x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.