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 ratio | 14.5x |
Cash | RM8.15m |
Equity | RM37.86m |
Total liabilities | RM31.02m |
Total assets | RM68.88m |
Recent financial health updates
No updates
Recent updates
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 (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).