Kinergy Advancement Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Kinergy Advancement Berhad has a total shareholder equity of MYR243.7M and total debt of MYR146.4M, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are MYR476.9M and MYR233.2M respectively. Kinergy Advancement Berhad's EBIT is MYR23.4M making its interest coverage ratio 2.5. It has cash and short-term investments of MYR80.5M.
Key information
60.1%
Debt to equity ratio
RM 146.44m
Debt
| Interest coverage ratio | 2.5x |
| Cash | RM 80.50m |
| Equity | RM 243.69m |
| Total liabilities | RM 233.19m |
| Total assets | RM 476.88m |
Recent financial health updates
Is Kejuruteraanstera Berhad (KLSE:KAB) Using Too Much Debt?
Jun 21
Kejuruteraanstera Berhad (KLSE:KAB) Takes On Some Risk With Its Use Of Debt
Oct 06Is Kejuruteraanstera Berhad (KLSE:KAB) A Risky Investment?
Jun 13These 4 Measures Indicate That Kejuruteraanstera Berhad (KLSE:KAB) Is Using Debt Extensively
Mar 07Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Kinergy Advancement Berhad (KLSE:KAB)
Nov 28Unpleasant Surprises Could Be In Store For Kinergy Advancement Berhad's (KLSE:KAB) Shares
Aug 06Is Kejuruteraanstera Berhad (KLSE:KAB) Using Too Much Debt?
Jun 21Returns On Capital Signal Tricky Times Ahead For Kejuruteraanstera Berhad (KLSE:KAB)
Mar 15Kejuruteraanstera Berhad (KLSE:KAB) Takes On Some Risk With Its Use Of Debt
Oct 06Investors Could Be Concerned With Kejuruteraanstera Berhad's (KLSE:KAB) Returns On Capital
Aug 16Is Kejuruteraanstera Berhad (KLSE:KAB) A Risky Investment?
Jun 13Kejuruteraanstera Berhad's (KLSE:KAB) Returns On Capital Not Reflecting Well On The Business
May 08These 4 Measures Indicate That Kejuruteraanstera Berhad (KLSE:KAB) Is Using Debt Extensively
Mar 07Shareholders of Kejuruteraanstera Berhad (KLSE:KAB) Must Be Delighted With Their 857% Total Return
Feb 01
Will Kejuruteraanstera Berhad (KLSE:KAB) Multiply In Value Going Forward?
Jan 10A Look At Kejuruteraanstera Berhad's (KLSE:KAB) CEO Remuneration
Dec 21Kejuruteraan Asastera Berhad's (KLSE:KAB) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 03Financial Position Analysis
Short Term Liabilities: KAB's short term assets (MYR226.4M) exceed its short term liabilities (MYR129.9M).
Long Term Liabilities: KAB's short term assets (MYR226.4M) exceed its long term liabilities (MYR103.3M).
Debt to Equity History and Analysis
Debt Level: KAB's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: KAB's debt to equity ratio has increased from 25.6% to 60.1% over the past 5 years.
Debt Coverage: KAB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KAB's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 03:34 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kinergy Advancement Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Public Investment Bank Berhad |
| Beng Ooi | TA Securities Holdings Berhad |