Polydamic Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Polydamic Group Berhad has a total shareholder equity of MYR29.0M and total debt of MYR5.3M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are MYR39.1M and MYR10.1M respectively. Polydamic Group Berhad's EBIT is MYR6.0M making its interest coverage ratio -254.5. It has cash and short-term investments of MYR9.0M.
Key information
18.3%
Debt to equity ratio
RM 5.29m
Debt
| Interest coverage ratio | -254.5x |
| Cash | RM 9.04m |
| Equity | RM 28.99m |
| Total liabilities | RM 10.08m |
| Total assets | RM 39.07m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: POLYDM's short term assets (MYR28.0M) exceed its short term liabilities (MYR5.3M).
Long Term Liabilities: POLYDM's short term assets (MYR28.0M) exceed its long term liabilities (MYR4.8M).
Debt to Equity History and Analysis
Debt Level: POLYDM has more cash than its total debt.
Reducing Debt: POLYDM's debt to equity ratio has reduced from 72.4% to 18.3% over the past 5 years.
Debt Coverage: POLYDM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: POLYDM earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:18 |
| End of Day Share Price | 2024/12/05 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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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Industry and Sector Metrics
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Analyst Sources
Polydamic Group Berhad is covered by 0 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 |
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