Ingenieur Gudang Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Ingenieur Gudang Berhad has a total shareholder equity of MYR169.9M and total debt of MYR35.7M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are MYR245.0M and MYR75.0M respectively. Ingenieur Gudang Berhad's EBIT is MYR4.2M making its interest coverage ratio 2.4. It has cash and short-term investments of MYR3.0M.
Key information
21.0%
Debt to equity ratio
RM35.70m
Debt
Interest coverage ratio | 2.4x |
Cash | RM2.97m |
Equity | RM169.92m |
Total liabilities | RM75.04m |
Total assets | RM244.96m |
Recent financial health updates
Is Ingenieur Gudang Berhad (KLSE:INGENIEU) Using Too Much Debt?
Apr 24Ingenieur Gudang Berhad (KLSE:INGENIEU) Has A Pretty Healthy Balance Sheet
Dec 28Is Dynaciate Group Berhad (KLSE:DYNACIA) Using Too Much Debt?
Oct 12Here's Why Dynaciate Group Berhad (KLSE:DYNACIA) Can Afford Some Debt
May 13Dynaciate Group Berhad (KLSE:DYNACIA) Is Making Moderate Use Of Debt
Jan 28Recent updates
Ingenieur Gudang Berhad (KLSE:INGENIEU) Not Doing Enough For Some Investors As Its Shares Slump 28%
Apr 26Is Ingenieur Gudang Berhad (KLSE:INGENIEU) Using Too Much Debt?
Apr 24Ingenieur Gudang Berhad's (KLSE:INGENIEU) Earnings Are Not Doing Enough For Some Investors
Mar 12Ingenieur Gudang Berhad's (KLSE:INGENIEU) Shareholders Have More To Worry About Than Lackluster Earnings
Jan 31Ingenieur Gudang Berhad (KLSE:INGENIEU) Has A Pretty Healthy Balance Sheet
Dec 28Robust Earnings May Not Tell The Whole Story For Dynaciate Group Berhad (KLSE:DYNACIA)
Feb 07Is Dynaciate Group Berhad (KLSE:DYNACIA) Using Too Much Debt?
Oct 12Here's Why Dynaciate Group Berhad (KLSE:DYNACIA) Can Afford Some Debt
May 13Dynaciate Group Berhad (KLSE:DYNACIA) Is Making Moderate Use Of Debt
Jan 28Financial Position Analysis
Short Term Liabilities: INGENIEU's short term assets (MYR56.8M) exceed its short term liabilities (MYR34.8M).
Long Term Liabilities: INGENIEU's short term assets (MYR56.8M) exceed its long term liabilities (MYR40.2M).
Debt to Equity History and Analysis
Debt Level: INGENIEU's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: INGENIEU's debt to equity ratio has reduced from 36.3% to 21% over the past 5 years.
Debt Coverage: INGENIEU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: INGENIEU's interest payments on its debt are not well covered by EBIT (2.4x coverage).