Resintech Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Resintech Berhad has a total shareholder equity of MYR178.3M and total debt of MYR51.0M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are MYR257.6M and MYR79.3M respectively. Resintech Berhad's EBIT is MYR7.2M making its interest coverage ratio 2.9. It has cash and short-term investments of MYR13.5M.
Key information
28.6%
Debt to equity ratio
RM50.98m
Debt
| Interest coverage ratio | 2.9x |
| Cash | RM13.51m |
| Equity | RM178.29m |
| Total liabilities | RM79.30m |
| Total assets | RM257.59m |
Recent financial health updates
Resintech Berhad (KLSE:RESINTC) Has A Somewhat Strained Balance Sheet
Jan 12
Is Resintech Berhad (KLSE:RESINTC) Using Too Much Debt?
Apr 18Resintech Berhad (KLSE:RESINTC) Takes On Some Risk With Its Use Of Debt
Aug 02These 4 Measures Indicate That Resintech Berhad (KLSE:RESINTC) Is Using Debt Safely
Feb 23Resintech Berhad (KLSE:RESINTC) Seems To Use Debt Rather Sparingly
Oct 19We Think Resintech Berhad (KLSE:RESINTC) Can Stay On Top Of Its Debt
Jul 05Recent updates
Resintech Berhad's (KLSE:RESINTC) Earnings Are Weaker Than They Seem
Feb 15Resintech Berhad (KLSE:RESINTC) Has A Somewhat Strained Balance Sheet
Jan 12Is Resintech Berhad (KLSE:RESINTC) Using Too Much Debt?
Apr 18Resintech Berhad (KLSE:RESINTC) Is Reinvesting At Lower Rates Of Return
Jan 19Resintech Berhad (KLSE:RESINTC) Could Be Struggling To Allocate Capital
Oct 11Resintech Berhad (KLSE:RESINTC) Takes On Some Risk With Its Use Of Debt
Aug 02We Like These Underlying Return On Capital Trends At Resintech Berhad (KLSE:RESINTC)
Mar 31These 4 Measures Indicate That Resintech Berhad (KLSE:RESINTC) Is Using Debt Safely
Feb 23With EPS Growth And More, Resintech Berhad (KLSE:RESINTC) Is Interesting
Dec 21Returns At Resintech Berhad (KLSE:RESINTC) Are On The Way Up
Nov 15Resintech Berhad (KLSE:RESINTC) Seems To Use Debt Rather Sparingly
Oct 19Resintech Berhad's (KLSE:RESINTC) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 17If You Like EPS Growth Then Check Out Resintech Berhad (KLSE:RESINTC) Before It's Too Late
Sep 07Returns On Capital Are Showing Encouraging Signs At Resintech Berhad (KLSE:RESINTC)
Aug 09We Think Resintech Berhad (KLSE:RESINTC) Can Stay On Top Of Its Debt
Jul 05Here's Why I Think Resintech Berhad (KLSE:RESINTC) Is An Interesting Stock
Jun 07Resintech Berhad (KLSE:RESINTC) Has More To Do To Multiply In Value Going Forward
May 11We Think Resintech Berhad (KLSE:RESINTC) Can Manage Its Debt With Ease
Mar 23Does Resintech Berhad's (KLSE:RESINTC) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 15What Did Resintech Berhad's (KLSE:RESINTC) CEO Take Home Last Year?
Jan 19These 4 Measures Indicate That Resintech Berhad (KLSE:RESINTC) Is Using Debt Reasonably Well
Dec 22Is Resintech Berhad (KLSE:RESINTC) Likely To Turn Things Around?
Nov 17
Financial Position Analysis
Short Term Liabilities: RESINTC's short term assets (MYR86.4M) exceed its short term liabilities (MYR36.4M).
Long Term Liabilities: RESINTC's short term assets (MYR86.4M) exceed its long term liabilities (MYR42.9M).
Debt to Equity History and Analysis
Debt Level: RESINTC's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: RESINTC's debt to equity ratio has increased from 21.4% to 28.6% over the past 5 years.
Debt Coverage: RESINTC's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: RESINTC's interest payments on its debt are not well covered by EBIT (2.9x coverage).