Kobay Technology Bhd Balance Sheet Health
Financial Health criteria checks 4/6
Kobay Technology Bhd has a total shareholder equity of MYR396.5M and total debt of MYR118.1M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are MYR596.6M and MYR200.1M respectively. Kobay Technology Bhd's EBIT is MYR17.6M making its interest coverage ratio 3.6. It has cash and short-term investments of MYR49.3M.
Key information
29.8%
Debt to equity ratio
RM 118.07m
Debt
| Interest coverage ratio | 3.6x |
| Cash | RM 49.27m |
| Equity | RM 396.50m |
| Total liabilities | RM 200.12m |
| Total assets | RM 596.62m |
Recent financial health updates
Does Kobay Technology Bhd (KLSE:KOBAY) Have A Healthy Balance Sheet?
May 13
Kobay Technology Bhd (KLSE:KOBAY) Takes On Some Risk With Its Use Of Debt
Dec 06Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly
Jun 13Kobay Technology Bhd (KLSE:KOBAY) Seems To Use Debt Quite Sensibly
Mar 15Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly
Nov 30We Think Kobay Technology Bhd (KLSE:KOBAY) Can Stay On Top Of Its Debt
Jun 09Recent updates
Kobay Technology Bhd.'s (KLSE:KOBAY) 39% Jump Shows Its Popularity With Investors
May 21Does Kobay Technology Bhd (KLSE:KOBAY) Have A Healthy Balance Sheet?
May 13Capital Allocation Trends At Kobay Technology Bhd (KLSE:KOBAY) Aren't Ideal
Apr 21Revenues Not Telling The Story For Kobay Technology Bhd. (KLSE:KOBAY) After Shares Rise 31%
Mar 12Calculating The Fair Value Of Kobay Technology Bhd. (KLSE:KOBAY)
Feb 02Kobay Technology Bhd (KLSE:KOBAY) Is Reinvesting At Lower Rates Of Return
Jan 12Kobay Technology Bhd.'s (KLSE:KOBAY) Popularity With Investors Under Threat As Stock Sinks 26%
Dec 20Kobay Technology Bhd (KLSE:KOBAY) Takes On Some Risk With Its Use Of Debt
Dec 06Downgrade: Here's How This Analyst Sees Kobay Technology Bhd. (KLSE:KOBAY) Performing In The Near Term
Feb 10Calculating The Fair Value Of Kobay Technology Bhd. (KLSE:KOBAY)
Jan 31Downgrade: Here's How This Analyst Sees Kobay Technology Bhd. (KLSE:KOBAY) Performing In The Near Term
Sep 14If EPS Growth Is Important To You, Kobay Technology Bhd (KLSE:KOBAY) Presents An Opportunity
Aug 23There's Been No Shortage Of Growth Recently For Kobay Technology Bhd's (KLSE:KOBAY) Returns On Capital
Jul 12Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly
Jun 13Kobay Technology Bhd (KLSE:KOBAY) Seems To Use Debt Quite Sensibly
Mar 15Investors Shouldn't Be Too Comfortable With Kobay Technology Bhd's (KLSE:KOBAY) Robust Earnings
Feb 24Do Kobay Technology Bhd's (KLSE:KOBAY) Earnings Warrant Your Attention?
Jan 11Here's Why Kobay Technology Bhd (KLSE:KOBAY) Can Manage Its Debt Responsibly
Nov 30If You Like EPS Growth Then Check Out Kobay Technology Bhd (KLSE:KOBAY) Before It's Too Late
Jul 20Kobay Technology Bhd (KLSE:KOBAY) Is Looking To Continue Growing Its Returns On Capital
Jun 29We Think Kobay Technology Bhd (KLSE:KOBAY) Can Stay On Top Of Its Debt
Jun 09Here's Why I Think Kobay Technology Bhd (KLSE:KOBAY) Is An Interesting Stock
Apr 15Kobay Technology Bhd (KLSE:KOBAY) Is Looking To Continue Growing Its Returns On Capital
Mar 28Kobay Technology Bhd (KLSE:KOBAY) Has A Pretty Healthy Balance Sheet
Mar 10Kobay 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 02Should You Be Adding Kobay Technology Bhd (KLSE:KOBAY) To Your Watchlist Today?
Jan 15
Financial Position Analysis
Short Term Liabilities: KOBAY's short term assets (MYR291.1M) exceed its short term liabilities (MYR151.4M).
Long Term Liabilities: KOBAY's short term assets (MYR291.1M) exceed its long term liabilities (MYR48.8M).
Debt to Equity History and Analysis
Debt Level: KOBAY's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: KOBAY's debt to equity ratio has increased from 13.3% to 29.8% over the past 5 years.
Debt Coverage: KOBAY's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: KOBAY's interest payments on its debt are well covered by EBIT (3.6x coverage).