Kumpulan Kitacon Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Kumpulan Kitacon Berhad has a total shareholder equity of MYR297.0M and total debt of MYR5.3M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are MYR566.4M and MYR269.4M respectively. Kumpulan Kitacon Berhad's EBIT is MYR45.2M making its interest coverage ratio 125.5. It has cash and short-term investments of MYR94.1M.
Key information
1.8%
Debt to equity ratio
RM5.26m
Debt
Interest coverage ratio | 125.5x |
Cash | RM94.07m |
Equity | RM297.05m |
Total liabilities | RM269.38m |
Total assets | RM566.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KITACON's short term assets (MYR524.0M) exceed its short term liabilities (MYR267.2M).
Long Term Liabilities: KITACON's short term assets (MYR524.0M) exceed its long term liabilities (MYR2.1M).
Debt to Equity History and Analysis
Debt Level: KITACON has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KITACON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KITACON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KITACON's interest payments on its debt are well covered by EBIT (125.5x coverage).