Ingenieur Gudang Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Ingenieur Gudang Berhad has a total shareholder equity of MYR176.4M and total debt of MYR28.0M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are MYR230.0M and MYR53.6M respectively. Ingenieur Gudang Berhad's EBIT is MYR10.9M making its interest coverage ratio 5.3. It has cash and short-term investments of MYR2.8M.
Key information
15.9%
Debt to equity ratio
RM 27.99m
Debt
Interest coverage ratio | 5.3x |
Cash | RM 2.77m |
Equity | RM 176.40m |
Total liabilities | RM 53.55m |
Total assets | RM 229.96m |
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
We Think That There Are More Issues For Ingenieur Gudang Berhad (KLSE:INGENIEU) Than Just Sluggish Earnings
Aug 01Benign Growth For Ingenieur Gudang Berhad (KLSE:INGENIEU) Underpins Stock's 32% Plummet
Jun 17Ingenieur 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 (MYR37.7M) exceed its short term liabilities (MYR20.4M).
Long Term Liabilities: INGENIEU's short term assets (MYR37.7M) exceed its long term liabilities (MYR33.2M).
Debt to Equity History and Analysis
Debt Level: INGENIEU's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: INGENIEU's debt to equity ratio has reduced from 20.1% to 15.9% 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 well covered by EBIT (5.3x coverage).