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Iqzan Holding Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Iqzan Holding Berhad has a total shareholder equity of MYR12.3M and total debt of MYR2.8M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are MYR62.7M and MYR50.4M respectively.
Key information
22.9%
Debt to equity ratio
RM 2.83m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 444.00k |
| Equity | RM 12.34m |
| Total liabilities | RM 50.36m |
| Total assets | RM 62.70m |
Financial Position Analysis
Short Term Liabilities: IQZAN's short term assets (MYR10.9M) do not cover its short term liabilities (MYR46.8M).
Long Term Liabilities: IQZAN's short term assets (MYR10.9M) exceed its long term liabilities (MYR3.5M).
Debt to Equity History and Analysis
Debt Level: IQZAN's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: IQZAN's debt to equity ratio has reduced from 51.1% to 22.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IQZAN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IQZAN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 25.6% per year.