Sarawak Consolidated Industries Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Sarawak Consolidated Industries Berhad has a total shareholder equity of MYR138.3M and total debt of MYR40.2M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are MYR254.8M and MYR116.5M respectively. Sarawak Consolidated Industries Berhad's EBIT is MYR6.6M making its interest coverage ratio 3.8. It has cash and short-term investments of MYR27.7M.
Key information
29.1%
Debt to equity ratio
RM40.20m
Debt
| Interest coverage ratio | 3.8x |
| Cash | RM27.70m |
| Equity | RM138.31m |
| Total liabilities | RM116.54m |
| Total assets | RM254.84m |
Recent financial health updates
Sarawak Consolidated Industries Berhad (KLSE:SCIB) Takes On Some Risk With Its Use Of Debt
Jan 14
Would Sarawak Consolidated Industries Berhad (KLSE:SCIB) Be Better Off With Less Debt?
Jul 20Is Sarawak Consolidated Industries Berhad (KLSE:SCIB) A Risky Investment?
Mar 24Does Sarawak Consolidated Industries Berhad (KLSE:SCIB) Have A Healthy Balance Sheet?
Aug 30Recent updates
Subdued Growth No Barrier To Sarawak Consolidated Industries Berhad (KLSE:SCIB) With Shares Advancing 40%
Feb 19There's Been No Shortage Of Growth Recently For Sarawak Consolidated Industries Berhad's (KLSE:SCIB) Returns On Capital
Feb 17Sarawak Consolidated Industries Berhad (KLSE:SCIB) Takes On Some Risk With Its Use Of Debt
Jan 14Subdued Growth No Barrier To Sarawak Consolidated Industries Berhad (KLSE:SCIB) With Shares Advancing 33%
Dec 18Would Sarawak Consolidated Industries Berhad (KLSE:SCIB) Be Better Off With Less Debt?
Jul 20Is Sarawak Consolidated Industries Berhad (KLSE:SCIB) A Risky Investment?
Mar 24Sarawak Consolidated Industries Berhad's (KLSE:SCIB) CEO Might Not Expect Shareholders To Be So Generous This Year
Dec 01Does Sarawak Consolidated Industries Berhad (KLSE:SCIB) Have A Healthy Balance Sheet?
Aug 30Statutory Earnings May Not Be The Best Way To Understand Sarawak Consolidated Industries Berhad's (KLSE:SCIB) True Position
Oct 07Benign Growth For Sarawak Consolidated Industries Berhad (KLSE:SCIB) Underpins Stock's 35% Plummet
Oct 03If You Like EPS Growth Then Check Out Sarawak Consolidated Industries Berhad (KLSE:SCIB) Before It's Too Late
Sep 14Financial Position Analysis
Short Term Liabilities: SCIB's short term assets (MYR137.2M) exceed its short term liabilities (MYR76.4M).
Long Term Liabilities: SCIB's short term assets (MYR137.2M) exceed its long term liabilities (MYR40.1M).
Debt to Equity History and Analysis
Debt Level: SCIB's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: SCIB's debt to equity ratio has reduced from 50.6% to 29.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SCIB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SCIB has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 34.3% each year