Kumpulan Kitacon Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Kumpulan Kitacon Berhad has a total shareholder equity of MYR325.2M and total debt of MYR8.5M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are MYR676.7M and MYR351.4M respectively. Kumpulan Kitacon Berhad's EBIT is MYR60.1M making its interest coverage ratio -57.3. It has cash and short-term investments of MYR143.3M.
Key information
2.6%
Debt to equity ratio
RM 8.49m
Debt
| Interest coverage ratio | -57.3x |
| Cash | RM 143.34m |
| Equity | RM 325.22m |
| Total liabilities | RM 351.44m |
| Total assets | RM 676.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KITACON's short term assets (MYR630.2M) exceed its short term liabilities (MYR348.7M).
Long Term Liabilities: KITACON's short term assets (MYR630.2M) exceed its long term liabilities (MYR2.8M).
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 debt is well covered by operating cash flow (734.2%).
Interest Coverage: KITACON earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 22:45 |
| 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
Kumpulan Kitacon Berhad is covered by 1 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 |
|---|---|
| Adam Rahim | RHB Investment Bank |