Kumpulan Kitacon Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Kumpulan Kitacon Berhad has a total shareholder equity of MYR316.1M and total debt of MYR10.8M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are MYR631.5M and MYR315.4M respectively. Kumpulan Kitacon Berhad's EBIT is MYR51.6M making its interest coverage ratio -50.6. It has cash and short-term investments of MYR134.1M.
Key information
3.4%
Debt to equity ratio
RM 10.84m
Debt
| Interest coverage ratio | -50.6x |
| Cash | RM 134.10m |
| Equity | RM 316.07m |
| Total liabilities | RM 315.41m |
| Total assets | RM 631.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KITACON's short term assets (MYR589.2M) exceed its short term liabilities (MYR313.4M).
Long Term Liabilities: KITACON's short term assets (MYR589.2M) exceed its long term liabilities (MYR2.0M).
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 (477.8%).
Interest Coverage: KITACON earns more interest than it pays, so coverage of interest payments is not a concern.