Gagasan Nadi Cergas Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Gagasan Nadi Cergas Berhad has a total shareholder equity of MYR449.7M and total debt of MYR195.4M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are MYR882.7M and MYR433.0M respectively. Gagasan Nadi Cergas Berhad's EBIT is MYR32.2M making its interest coverage ratio 2.2. It has cash and short-term investments of MYR97.6M.
Key information
43.4%
Debt to equity ratio
RM195.38m
Debt
| Interest coverage ratio | 2.2x |
| Cash | RM97.64m |
| Equity | RM449.67m |
| Total liabilities | RM432.99m |
| Total assets | RM882.66m |
Recent financial health updates
Is Gagasan Nadi Cergas Berhad (KLSE:NADIBHD) Using Too Much Debt?
Dec 31
These 4 Measures Indicate That Gagasan Nadi Cergas Berhad (KLSE:NADIBHD) Is Using Debt Extensively
Apr 06These 4 Measures Indicate That Gagasan Nadi Cergas Berhad (KLSE:NADIBHD) Is Using Debt Extensively
Dec 09
Recent updates
Is Gagasan Nadi Cergas Berhad (KLSE:NADIBHD) Using Too Much Debt?
Dec 31These 4 Measures Indicate That Gagasan Nadi Cergas Berhad (KLSE:NADIBHD) Is Using Debt Extensively
Apr 06Our Take On The Returns On Capital At Gagasan Nadi Cergas Berhad (KLSE:NADIBHD)
Mar 02These 4 Measures Indicate That Gagasan Nadi Cergas Berhad (KLSE:NADIBHD) Is Using Debt Extensively
Dec 09Financial Position Analysis
Short Term Liabilities: NADIBHD's short term assets (MYR322.7M) exceed its short term liabilities (MYR200.5M).
Long Term Liabilities: NADIBHD's short term assets (MYR322.7M) exceed its long term liabilities (MYR232.5M).
Debt to Equity History and Analysis
Debt Level: NADIBHD's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: NADIBHD's debt to equity ratio has reduced from 94.4% to 43.4% over the past 5 years.
Debt Coverage: NADIBHD's debt is well covered by operating cash flow (91.4%).
Interest Coverage: NADIBHD's interest payments on its debt are not well covered by EBIT (2.2x coverage).