Knusford Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Knusford Berhad has a total shareholder equity of MYR227.7M and total debt of MYR55.7M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are MYR440.1M and MYR212.4M respectively. Knusford Berhad's EBIT is MYR19.7M making its interest coverage ratio 5.4. It has cash and short-term investments of MYR5.6M.
Key information
24.5%
Debt to equity ratio
RM 55.74m
Debt
| Interest coverage ratio | 5.4x |
| Cash | RM 5.57m |
| Equity | RM 227.71m |
| Total liabilities | RM 212.39m |
| Total assets | RM 440.10m |
Recent financial health updates
Does Knusford Berhad (KLSE:KNUSFOR) Have A Healthy Balance Sheet?
Mar 21
Is Knusford Berhad (KLSE:KNUSFOR) Using Too Much Debt?
May 10Is Knusford Berhad (KLSE:KNUSFOR) Using Too Much Debt?
Jan 25Recent updates
Returns On Capital Are Showing Encouraging Signs At Knusford Berhad (KLSE:KNUSFOR)
Oct 04Knusford Berhad's (KLSE:KNUSFOR) Profits Appear To Have Quality Issues
Dec 01Returns On Capital Are Showing Encouraging Signs At Knusford Berhad (KLSE:KNUSFOR)
Oct 03Knusford Berhad's (KLSE:KNUSFOR) Returns On Capital Are Heading Higher
Jun 14Does Knusford Berhad (KLSE:KNUSFOR) Have A Healthy Balance Sheet?
Mar 21Knusford Berhad (KLSE:KNUSFOR) Is Looking To Continue Growing Its Returns On Capital
Sep 14Knusford Berhad (KLSE:KNUSFOR) Might Have The Makings Of A Multi-Bagger
May 03Returns On Capital Are Showing Encouraging Signs At Knusford Berhad (KLSE:KNUSFOR)
Jan 03There's Been No Shortage Of Growth Recently For Knusford Berhad's (KLSE:KNUSFOR) Returns On Capital
Jul 22Is Knusford Berhad (KLSE:KNUSFOR) Using Too Much Debt?
May 10Does Knusford Berhad (KLSE:KNUSFOR) Have The Makings Of A Multi-Bagger?
Mar 19Is Knusford Berhad (KLSE:KNUSFOR) Using Too Much Debt?
Jan 25Our Take On The Returns On Capital At Knusford Berhad (KLSE:KNUSFOR)
Nov 30
Financial Position Analysis
Short Term Liabilities: KNUSFOR's short term assets (MYR289.0M) exceed its short term liabilities (MYR211.2M).
Long Term Liabilities: KNUSFOR's short term assets (MYR289.0M) exceed its long term liabilities (MYR1.2M).
Debt to Equity History and Analysis
Debt Level: KNUSFOR's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: KNUSFOR's debt to equity ratio has increased from 2.6% to 24.5% over the past 5 years.
Debt Coverage: KNUSFOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KNUSFOR's interest payments on its debt are well covered by EBIT (5.4x coverage).