Seremban Engineering Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Seremban Engineering Berhad has a total shareholder equity of MYR37.3M and total debt of MYR63.2M, which brings its debt-to-equity ratio to 169.5%. Its total assets and total liabilities are MYR202.2M and MYR164.9M respectively. Seremban Engineering Berhad's EBIT is MYR8.0M making its interest coverage ratio 1.7. It has cash and short-term investments of MYR884.4K.
Key information
169.5%
Debt to equity ratio
RM 63.18m
Debt
| Interest coverage ratio | 1.7x |
| Cash | RM 884.37k |
| Equity | RM 37.28m |
| Total liabilities | RM 164.94m |
| Total assets | RM 202.22m |
Recent financial health updates
Does Seremban Engineering Berhad (KLSE:SEB) Have A Healthy Balance Sheet?
Nov 01
Seremban Engineering Berhad (KLSE:SEB) Has A Somewhat Strained Balance Sheet
Feb 06We Think Seremban Engineering Berhad (KLSE:SEB) Is Taking Some Risk With Its Debt
Nov 29Recent updates
Does Seremban Engineering Berhad (KLSE:SEB) Have A Healthy Balance Sheet?
Nov 01Cautious 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 (MYR167.8M) exceed its short term liabilities (MYR163.0M).
Long Term Liabilities: SEB's short term assets (MYR167.8M) exceed its long term liabilities (MYR1.9M).
Debt to Equity History and Analysis
Debt Level: SEB's net debt to equity ratio (167.1%) is considered high.
Reducing Debt: SEB's debt to equity ratio has reduced from 238.8% to 169.5% over the past 5 years.
Debt Coverage: SEB's debt is not well covered by operating cash flow (9%).
Interest Coverage: SEB's interest payments on its debt are not well covered by EBIT (1.7x coverage).