Luxchem Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Luxchem Berhad has a total shareholder equity of MYR628.1M and total debt of MYR60.3M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are MYR754.5M and MYR126.4M respectively. Luxchem Berhad's EBIT is MYR71.3M making its interest coverage ratio 26.9. It has cash and short-term investments of MYR240.9M.
Key information
9.6%
Debt to equity ratio
RM 60.33m
Debt
| Interest coverage ratio | 26.9x |
| Cash | RM 240.86m |
| Equity | RM 628.13m |
| Total liabilities | RM 126.41m |
| Total assets | RM 754.54m |
Recent financial health updates
Recent updates
Luxchem Corporation Berhad's (KLSE:LUXCHEM) Dividend Is Being Reduced To MYR0.006
Aug 01
Luxchem Corporation Berhad (KLSE:LUXCHEM) Has Announced A Dividend Of MYR0.01
Apr 04Should You Be Adding Luxchem Corporation Berhad (KLSE:LUXCHEM) To Your Watchlist Today?
May 05Luxchem Corporation Berhad's (KLSE:LUXCHEM) Solid Earnings May Rest On Weak Foundations
Apr 14Luxchem Corporation Berhad (KLSE:LUXCHEM) Seems To Use Debt Rather Sparingly
Apr 01Luxchem Corporation Berhad's (KLSE:LUXCHEM) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Mar 14Should You Be Impressed By Luxchem Corporation Berhad's (KLSE:LUXCHEM) Returns on Capital?
Dec 14Does This Valuation Of Luxchem Corporation Berhad (KLSE:LUXCHEM) Imply Investors Are Overpaying?
Nov 29Financial Position Analysis
Short Term Liabilities: LUXCHEM's short term assets (MYR457.3M) exceed its short term liabilities (MYR88.1M).
Long Term Liabilities: LUXCHEM's short term assets (MYR457.3M) exceed its long term liabilities (MYR38.3M).
Debt to Equity History and Analysis
Debt Level: LUXCHEM has more cash than its total debt.
Reducing Debt: LUXCHEM's debt to equity ratio has reduced from 21.1% to 9.6% over the past 5 years.
Debt Coverage: LUXCHEM's debt is well covered by operating cash flow (45.4%).
Interest Coverage: LUXCHEM's interest payments on its debt are well covered by EBIT (26.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/11 08:22 |
| End of Day Share Price | 2025/01/10 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
Luxchem Corporation Berhad is covered by 2 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 |
|---|---|
| Win Tan | AmInvestment Bank Berhad |
| Chiong Chai | RHB Investment Bank |