Solarvest Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Solarvest Holdings Berhad has a total shareholder equity of MYR234.8M and total debt of MYR173.3M, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are MYR517.7M and MYR283.0M respectively. Solarvest Holdings Berhad's EBIT is MYR54.7M making its interest coverage ratio 6.9. It has cash and short-term investments of MYR70.0M.
Key information
73.8%
Debt to equity ratio
RM 173.32m
Debt
Interest coverage ratio | 6.9x |
Cash | RM 70.01m |
Equity | RM 234.75m |
Total liabilities | RM 282.95m |
Total assets | RM 517.71m |
Recent financial health updates
Does Solarvest Holdings Berhad (KLSE:SLVEST) Have A Healthy Balance Sheet?
Jun 16Is Solarvest Holdings Berhad (KLSE:SLVEST) Using Too Much Debt?
Jun 14Solarvest Holdings Berhad (KLSE:SLVEST) Seems To Use Debt Quite Sensibly
Mar 08Recent updates
At RM1.45, Is It Time To Put Solarvest Holdings Berhad (KLSE:SLVEST) On Your Watch List?
Jan 30When Should You Buy Solarvest Holdings Berhad (KLSE:SLVEST)?
May 18Are Investors Undervaluing Solarvest Holdings Berhad (KLSE:SLVEST) By 34%?
Jul 23Does Solarvest Holdings Berhad (KLSE:SLVEST) Have A Healthy Balance Sheet?
Jun 16Solarvest Holdings Berhad Just Missed Earnings - But Analysts Have Updated Their Models
May 30Should You Think About Buying Solarvest Holdings Berhad (KLSE:SLVEST) Now?
Apr 22Analyst Forecasts Just Became More Bearish On Solarvest Holdings Berhad (KLSE:SLVEST)
Feb 24The Solarvest Holdings Berhad (KLSE:SLVEST) Analysts Have Been Trimming Their Sales Forecasts
Nov 30Returns On Capital Signal Tricky Times Ahead For Solarvest Holdings Berhad (KLSE:SLVEST)
Jul 12Is Solarvest Holdings Berhad (KLSE:SLVEST) Using Too Much Debt?
Jun 14Some Investors May Be Worried About Solarvest Holdings Berhad's (KLSE:SLVEST) Returns On Capital
Mar 30Solarvest Holdings Berhad (KLSE:SLVEST) Seems To Use Debt Quite Sensibly
Mar 08Is Solarvest Holdings Berhad's (KLSE:SLVEST) 143% Share Price Increase Well Justified?
Feb 15Are Institutions Heavily Invested In Solarvest Holdings Berhad's (KLSE:SLVEST) Shares?
Jan 25Solarvest Holdings Berhad's (KLSE:SLVEST) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 08How Does Solarvest Holdings Berhad (KLSE:SLVEST) Fare As A Dividend Stock?
Dec 24We Wouldn't Rely On Solarvest Holdings Berhad's (KLSE:SLVEST) Statutory Earnings As A Guide
Dec 09Here's What To Make Of Solarvest Holdings Berhad's (KLSE:SLVEST) Returns On Capital
Nov 24Financial Position Analysis
Short Term Liabilities: SLVEST's short term assets (MYR281.9M) exceed its short term liabilities (MYR103.2M).
Long Term Liabilities: SLVEST's short term assets (MYR281.9M) exceed its long term liabilities (MYR179.8M).
Debt to Equity History and Analysis
Debt Level: SLVEST's net debt to equity ratio (44%) is considered high.
Reducing Debt: SLVEST's debt to equity ratio has increased from 57% to 73.8% over the past 5 years.
Debt Coverage: SLVEST's debt is well covered by operating cash flow (21.2%).
Interest Coverage: SLVEST's interest payments on its debt are well covered by EBIT (6.9x coverage).