PLB Engineering Berhad Balance Sheet Health
Financial Health criteria checks 1/6
PLB Engineering Berhad has a total shareholder equity of MYR81.5M and total debt of MYR191.9M, which brings its debt-to-equity ratio to 235.4%. Its total assets and total liabilities are MYR394.6M and MYR313.1M respectively. PLB Engineering Berhad's EBIT is MYR14.5M making its interest coverage ratio 0.7. It has cash and short-term investments of MYR13.0M.
Key information
235.4%
Debt to equity ratio
RM 191.92m
Debt
| Interest coverage ratio | 0.7x |
| Cash | RM 13.02m |
| Equity | RM 81.52m |
| Total liabilities | RM 313.06m |
| Total assets | RM 394.58m |
Recent financial health updates
Is PLB Engineering Berhad (KLSE:PLB) Using Too Much Debt?
May 07
PLB Engineering Berhad (KLSE:PLB) Has No Shortage Of Debt
Jan 25Recent updates
PLB Engineering Berhad (KLSE:PLB) Is Looking To Continue Growing Its Returns On Capital
Mar 03Is PLB Engineering Berhad (KLSE:PLB) Using Too Much Debt?
May 07We're Watching These Trends At PLB Engineering Berhad (KLSE:PLB)
Mar 08PLB Engineering Berhad (KLSE:PLB) Has No Shortage Of Debt
Jan 25Returns On Capital At PLB Engineering Berhad (KLSE:PLB) Paint An Interesting Picture
Dec 01
Financial Position Analysis
Short Term Liabilities: PLB's short term assets (MYR146.5M) do not cover its short term liabilities (MYR194.9M).
Long Term Liabilities: PLB's short term assets (MYR146.5M) exceed its long term liabilities (MYR118.1M).
Debt to Equity History and Analysis
Debt Level: PLB's net debt to equity ratio (219.5%) is considered high.
Reducing Debt: PLB's debt to equity ratio has increased from 209.6% to 235.4% over the past 5 years.
Debt Coverage: PLB's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: PLB's interest payments on its debt are not well covered by EBIT (0.7x coverage).