SKB Shutters Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
SKB Shutters Berhad has a total shareholder equity of MYR132.4M and total debt of MYR78.7M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are MYR248.3M and MYR115.9M respectively. SKB Shutters Berhad's EBIT is MYR23.5M making its interest coverage ratio 15.6. It has cash and short-term investments of MYR44.2M.
Key information
59.4%
Debt to equity ratio
RM 78.70m
Debt
| Interest coverage ratio | 15.6x |
| Cash | RM 44.20m |
| Equity | RM 132.41m |
| Total liabilities | RM 115.94m |
| Total assets | RM 248.35m |
Recent financial health updates
Is SKB Shutters Corporation Berhad (KLSE:SKBSHUT) A Risky Investment?
Aug 28
These 4 Measures Indicate That SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Is Using Debt Reasonably Well
Apr 16We Think SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Is Taking Some Risk With Its Debt
Nov 08Is SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Using Too Much Debt?
Mar 21SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Has A Pretty Healthy Balance Sheet
Jul 08Does SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Have A Healthy Balance Sheet?
Feb 27Recent updates
SKB Shutters Corporation Berhad's (KLSE:SKBSHUT) Returns On Capital Are Heading Higher
Oct 28Is SKB Shutters Corporation Berhad (KLSE:SKBSHUT) A Risky Investment?
Aug 28SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Soars 40% But It's A Story Of Risk Vs Reward
Jul 31SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Stock Rockets 25% But Many Are Still Ignoring The Company
Jun 10These 4 Measures Indicate That SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Is Using Debt Reasonably Well
Apr 16SKB Shutters Corporation Berhad's (KLSE:SKBSHUT) Business And Shares Still Trailing The Market
Jan 04We Think SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Is Taking Some Risk With Its Debt
Nov 08Returns On Capital Are Showing Encouraging Signs At SKB Shutters Corporation Berhad (KLSE:SKBSHUT)
Aug 30SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Might Have The Makings Of A Multi-Bagger
May 15Is SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Using Too Much Debt?
Mar 21SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Might Have The Makings Of A Multi-Bagger
Sep 01SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Has A Pretty Healthy Balance Sheet
Jul 08SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Is Doing The Right Things To Multiply Its Share Price
May 09Estimating The Fair Value Of SKB Shutters Corporation Berhad (KLSE:SKBSHUT)
Apr 04Does SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Have A Healthy Balance Sheet?
Feb 27SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Might Have The Makings Of A Multi-Bagger
Jan 14SKB Shutters Corporation Berhad's (KLSE:SKBSHUT) Profits Appear To Have Quality Issues
Oct 06SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Is Looking To Continue Growing Its Returns On Capital
Sep 03Is SKB Shutters Corporation Berhad (KLSE:SKBSHUT) A Risky Investment?
Jul 07There's Been No Shortage Of Growth Recently For SKB Shutters Corporation Berhad's (KLSE:SKBSHUT) Returns On Capital
May 15Is SKB Shutters Corporation Berhad (KLSE:SKBSHUT) A Risky Investment?
Mar 23Does SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Have The Makings Of A Multi-Bagger?
Jan 28SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Seems To Be Using A Lot Of Debt
Dec 07
Financial Position Analysis
Short Term Liabilities: SKBSHUT's short term assets (MYR117.4M) exceed its short term liabilities (MYR55.5M).
Long Term Liabilities: SKBSHUT's short term assets (MYR117.4M) exceed its long term liabilities (MYR60.4M).
Debt to Equity History and Analysis
Debt Level: SKBSHUT's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: SKBSHUT's debt to equity ratio has reduced from 63.4% to 59.4% over the past 5 years.
Debt Coverage: SKBSHUT's debt is well covered by operating cash flow (27.1%).
Interest Coverage: SKBSHUT's interest payments on its debt are well covered by EBIT (15.6x coverage).