Kinergy Advancement Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Kinergy Advancement Berhad has a total shareholder equity of MYR213.3M and total debt of MYR125.7M, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are MYR435.0M and MYR221.6M respectively. Kinergy Advancement Berhad's EBIT is MYR18.5M making its interest coverage ratio 3.4. It has cash and short-term investments of MYR27.8M.
Key information
58.9%
Debt to equity ratio
RM125.74m
Debt
| Interest coverage ratio | 3.4x |
| Cash | RM27.78m |
| Equity | RM213.35m |
| Total liabilities | RM221.61m |
| Total assets | RM434.96m |
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
Is 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 (MYR200.0M) exceed its short term liabilities (MYR139.4M).
Long Term Liabilities: KAB's short term assets (MYR200.0M) exceed its long term liabilities (MYR82.2M).
Debt to Equity History and Analysis
Debt Level: KAB's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: KAB's debt to equity ratio has increased from 18.4% to 58.9% over the past 5 years.
Debt Coverage: KAB's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: KAB's interest payments on its debt are well covered by EBIT (3.4x coverage).