Seremban Engineering Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Seremban Engineering Berhad has a total shareholder equity of MYR36.2M and total debt of MYR63.5M, which brings its debt-to-equity ratio to 175.2%. Its total assets and total liabilities are MYR226.4M and MYR190.2M respectively. Seremban Engineering Berhad's EBIT is MYR6.9M making its interest coverage ratio 1.7. It has cash and short-term investments of MYR13.8M.
Key information
175.2%
Debt to equity ratio
RM63.47m
Debt
| Interest coverage ratio | 1.7x |
| Cash | RM13.81m |
| Equity | RM36.23m |
| Total liabilities | RM190.21m |
| Total assets | RM226.44m |
Recent financial health updates
Seremban Engineering Berhad (KLSE:SEB) Has A Somewhat Strained Balance Sheet
Feb 06
We Think Seremban Engineering Berhad (KLSE:SEB) Is Taking Some Risk With Its Debt
Nov 29Recent updates
Cautious Investors Not Rewarding Seremban Engineering Berhad's (KLSE:SEB) Performance Completely
Mar 13Seremban Engineering Berhad (KLSE:SEB) Has A Somewhat Strained Balance Sheet
Feb 06Shareholders Will Probably Hold Off On Increasing Seremban Engineering Berhad's (KLSE:SEB) CEO Compensation For The Time Being
Dec 07Seremban Engineering Berhad's (KLSE:SEB) Solid Profits Have Weak Fundamentals
Mar 07We Think Seremban Engineering Berhad (KLSE:SEB) Is Taking Some Risk With Its Debt
Nov 29Seremban Engineering Berhad's (KLSE:SEB) Shares Climb 29% But Its Business Is Yet to Catch Up
Oct 15Financial Position Analysis
Short Term Liabilities: SEB's short term assets (MYR192.0M) exceed its short term liabilities (MYR186.8M).
Long Term Liabilities: SEB's short term assets (MYR192.0M) exceed its long term liabilities (MYR3.4M).
Debt to Equity History and Analysis
Debt Level: SEB's net debt to equity ratio (137.1%) is considered high.
Reducing Debt: SEB's debt to equity ratio has reduced from 195.9% to 175.2% over the past 5 years.
Debt Coverage: SEB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEB's interest payments on its debt are not well covered by EBIT (1.7x coverage).