Kobay Technology Bhd Balance Sheet Health

Financial Health criteria checks 4/6

Kobay Technology Bhd has a total shareholder equity of MYR396.0M and total debt of MYR104.3M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are MYR573.2M and MYR177.2M respectively. Kobay Technology Bhd's EBIT is MYR20.5M making its interest coverage ratio 4.5. It has cash and short-term investments of MYR46.1M.

Key information

26.3%

Debt to equity ratio

RM104.34m

Debt

Interest coverage ratio	4.5x
Cash	RM46.13m
Equity	RM396.03m
Total liabilities	RM177.18m
Total assets	RM573.21m

Recent financial health updates

Recent updates

Capital Allocation Trends At Kobay Technology Bhd (KLSE:KOBAY) Aren't Ideal

Apr 21

Revenues Not Telling The Story For Kobay Technology Bhd. (KLSE:KOBAY) After Shares Rise 31%

Mar 12

Calculating The Fair Value Of Kobay Technology Bhd. (KLSE:KOBAY)

Feb 02

Kobay Technology Bhd (KLSE:KOBAY) Is Reinvesting At Lower Rates Of Return

Jan 12

Kobay Technology Bhd.'s (KLSE:KOBAY) Popularity With Investors Under Threat As Stock Sinks 26%

Dec 20

Kobay Technology Bhd (KLSE:KOBAY) Takes On Some Risk With Its Use Of Debt

Dec 06

Downgrade: Here's How This Analyst Sees Kobay Technology Bhd. (KLSE:KOBAY) Performing In The Near Term

Feb 10

Calculating The Fair Value Of Kobay Technology Bhd. (KLSE:KOBAY)

Jan 31

Downgrade: Here's How This Analyst Sees Kobay Technology Bhd. (KLSE:KOBAY) Performing In The Near Term

Sep 14

If EPS Growth Is Important To You, Kobay Technology Bhd (KLSE:KOBAY) Presents An Opportunity

Aug 23

There's Been No Shortage Of Growth Recently For Kobay Technology Bhd's (KLSE:KOBAY) Returns On Capital

Jul 12

Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly

Jun 13

Kobay Technology Bhd (KLSE:KOBAY) Seems To Use Debt Quite Sensibly

Mar 15

Investors Shouldn't Be Too Comfortable With Kobay Technology Bhd's (KLSE:KOBAY) Robust Earnings

Feb 24

Do Kobay Technology Bhd's (KLSE:KOBAY) Earnings Warrant Your Attention?

Jan 11

Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly

Nov 30

If You Like EPS Growth Then Check Out Kobay Technology Bhd (KLSE:KOBAY) Before It's Too Late

Jul 20

Kobay Technology Bhd (KLSE:KOBAY) Is Looking To Continue Growing Its Returns On Capital

Jun 29

We Think Kobay Technology Bhd (KLSE:KOBAY) Can Stay On Top Of Its Debt

Jun 09

Here's Why I Think Kobay Technology Bhd (KLSE:KOBAY) Is An Interesting Stock

Apr 15

Kobay Technology Bhd (KLSE:KOBAY) Is Looking To Continue Growing Its Returns On Capital

Mar 28

Kobay Technology Bhd (KLSE:KOBAY) Has A Pretty Healthy Balance Sheet

Mar 10

Kobay Technology Bhd.'s (KLSE:KOBAY) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Feb 20

Shareholders of Kobay Technology Bhd (KLSE:KOBAY) Must Be Delighted With Their 481% Total Return

Feb 02

Should You Be Adding Kobay Technology Bhd (KLSE:KOBAY) To Your Watchlist Today?

Jan 15

Is Kobay Technology Bhd (KLSE:KOBAY) A Future Multi-bagger?

Dec 28

These 4 Measures Indicate That Kobay Technology Bhd (KLSE:KOBAY) Is Using Debt Reasonably Well

Nov 29

Financial Position Analysis

Short Term Liabilities: KOBAY's short term assets (MYR275.4M) exceed its short term liabilities (MYR126.4M).

Long Term Liabilities: KOBAY's short term assets (MYR275.4M) exceed its long term liabilities (MYR50.8M).

Debt to Equity History and Analysis

Debt Level: KOBAY's net debt to equity ratio (14.7%) is considered satisfactory.

Reducing Debt: KOBAY's debt to equity ratio has increased from 15.9% to 26.3% over the past 5 years.

Debt Coverage: KOBAY's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: KOBAY's interest payments on its debt are well covered by EBIT (4.5x coverage).

Kobay Technology Bhd Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Kobay Technology Bhd (KLSE:KOBAY) Takes On Some Risk With Its Use Of Debt

Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly

Kobay Technology Bhd (KLSE:KOBAY) Seems To Use Debt Quite Sensibly

Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly

We Think Kobay Technology Bhd (KLSE:KOBAY) Can Stay On Top Of Its Debt

Kobay Technology Bhd (KLSE:KOBAY) Has A Pretty Healthy Balance Sheet

Recent updates

Capital Allocation Trends At Kobay Technology Bhd (KLSE:KOBAY) Aren't Ideal

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 19%

Revenues Not Telling The Story For Kobay Technology Bhd. (KLSE:KOBAY) After Shares Rise 31%

Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.028 in 2Q 2023)

Now 21% undervalued after recent price drop

Calculating The Fair Value Of Kobay Technology Bhd. (KLSE:KOBAY)

Kobay Technology Bhd (KLSE:KOBAY) Is Reinvesting At Lower Rates Of Return

Upcoming dividend of RM0.02 per share at 1.5% yield

Kobay Technology Bhd.'s (KLSE:KOBAY) Popularity With Investors Under Threat As Stock Sinks 26%

Kobay Technology Bhd (KLSE:KOBAY) Takes On Some Risk With Its Use Of Debt

Kobay Technology Bhd. Announces Appointment of Lee Kooi Hoon as Independent and Non Executive Chairman of Remuneration Committee

Kobay Technology Bhd. Announces Cessation of Khaw Eng Peng as Independent and Non Executive Member of Remuneration Committee

Kobay Technology Bhd. Approves First and Final Single Tier Dividend in Respect of the Financial Year Ended June 30, 2023

New minor risk - Market cap size

Investor sentiment deteriorates as stock falls 16%

First quarter 2024 earnings released: EPS: RM0.005 (vs RM0.033 in 1Q 2023)

Kobay Technology Bhd., Annual General Meeting, Dec 01, 2023

Kobay Technology Bhd. Appoints Mr. Koay Zee Ee as Executive Director

Kobay Technology Berhad Proposes First and Final Single Tier Dividend for the Financial Year Ended 30 June 2023

Kobay Technology Berhad Proposes First and Final Single Tier Dividend for the Financial Year Ended 30 June 2023

New minor risk - Profit margin trend

Now 24% undervalued after recent price drop

Consensus EPS estimates fall by 31%

Third quarter 2023 earnings released: EPS: RM0.025 (vs RM0.049 in 3Q 2022)

Downgrade: Here's How This Analyst Sees Kobay Technology Bhd. (KLSE:KOBAY) Performing In The Near Term

Second quarter 2023 earnings released: EPS: RM0.028 (vs RM0.048 in 2Q 2022)

Calculating The Fair Value Of Kobay Technology Bhd. (KLSE:KOBAY)

Now 20% undervalued

Upcoming dividend of RM0.03 per share

Now 20% undervalued

First quarter 2023 earnings released: EPS: RM0.033 (vs RM0.032 in 1Q 2022)

Price target decreased to RM4.12

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Kobay Technology Bhd. Proposes Final Single Tier for Financial Year Ended 30 June 2022

Kobay Technology Bhd., Annual General Meeting, Nov 30, 2022

Downgrade: Here's How This Analyst Sees Kobay Technology Bhd. (KLSE:KOBAY) Performing In The Near Term

If EPS Growth Is Important To You, Kobay Technology Bhd (KLSE:KOBAY) Presents An Opportunity

Full year 2022 earnings released: EPS: RM0.16 (vs RM0.088 in FY 2021)

There's Been No Shortage Of Growth Recently For Kobay Technology Bhd's (KLSE:KOBAY) Returns On Capital

Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly

Third quarter 2022 earnings released: EPS: RM0.049 (vs RM0.023 in 3Q 2021)

Price target decreased to RM6.08

Price target decreased to RM6.08

Investor sentiment improved over the past week

Kobay Technology Bhd (KLSE:KOBAY) Seems To Use Debt Quite Sensibly

Investors Shouldn't Be Too Comfortable With Kobay Technology Bhd's (KLSE:KOBAY) Robust Earnings

Now 24% undervalued after recent price drop

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Do Kobay Technology Bhd's (KLSE:KOBAY) Earnings Warrant Your Attention?

Upcoming dividend of RM0.02 per share

Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly

Full year 2021 earnings released: EPS RM0.088 (vs RM0.078 in FY 2020)

Full year 2021 earnings released: EPS RM0.088 (vs RM0.078 in FY 2020)

Investor sentiment improved over the past week

Kobay Technology Bhd. (KLSE:KOBAY) completed the acquisition of 70% stake in Galaxis Pharma Sdn Bhd, Galaxis Healthcare Sdn Bhd, Avelon Healthcare Sdn Bhd, Avelon Arise Sdn Bhd and Arise Healthcare Sdn Bhd from Lim Beng Cheong and Chong Huei Shin.

Investor sentiment improved over the past week

If You Like EPS Growth Then Check Out Kobay Technology Bhd (KLSE:KOBAY) Before It's Too Late

Investor sentiment improved over the past week

Kobay Technology Bhd (KLSE:KOBAY) Is Looking To Continue Growing Its Returns On Capital

Investor sentiment improved over the past week

We Think Kobay Technology Bhd (KLSE:KOBAY) Can Stay On Top Of Its Debt

Third quarter 2021 earnings released: EPS RM0.023 (vs RM0.021 in 3Q 2020)

Here's Why I Think Kobay Technology Bhd (KLSE:KOBAY) Is An Interesting Stock

Kobay Technology Bhd (KLSE:KOBAY) Is Looking To Continue Growing Its Returns On Capital

Kobay Technology Bhd (KLSE:KOBAY) Has A Pretty Healthy Balance Sheet

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS RM0.058 (vs RM0.068 in 2Q 2020)

Kobay Technology Bhd.'s (KLSE:KOBAY) Stock's On An Uptrend: Are Strong Financials Guiding The Market?