SKB Shutters Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
SKB Shutters Berhad has a total shareholder equity of MYR121.7M and total debt of MYR80.1M, which brings its debt-to-equity ratio to 65.8%. Its total assets and total liabilities are MYR240.3M and MYR118.6M respectively. SKB Shutters Berhad's EBIT is MYR21.4M making its interest coverage ratio 12.4. It has cash and short-term investments of MYR36.4M.
Key information
65.8%
Debt to equity ratio
RM80.05m
Debt
| Interest coverage ratio | 12.4x |
| Cash | RM36.40m |
| Equity | RM121.66m |
| Total liabilities | RM118.64m |
| Total assets | RM240.29m |
Recent financial health updates
These 4 Measures Indicate That SKB Shutters Corporation Berhad (KLSE:SKBSHUT) Is Using Debt Reasonably Well
Apr 16
We 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 27Is SKB Shutters Corporation Berhad (KLSE:SKBSHUT) A Risky Investment?
Jul 07Recent updates
These 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 (MYR110.3M) exceed its short term liabilities (MYR56.0M).
Long Term Liabilities: SKBSHUT's short term assets (MYR110.3M) exceed its long term liabilities (MYR62.6M).
Debt to Equity History and Analysis
Debt Level: SKBSHUT's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: SKBSHUT's debt to equity ratio has reduced from 67.4% to 65.8% over the past 5 years.
Debt Coverage: SKBSHUT's debt is well covered by operating cash flow (33.6%).
Interest Coverage: SKBSHUT's interest payments on its debt are well covered by EBIT (12.4x coverage).