Solarvest Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Solarvest Holdings Berhad has a total shareholder equity of MYR277.3M and total debt of MYR182.3M, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are MYR555.5M and MYR278.2M respectively. Solarvest Holdings Berhad's EBIT is MYR55.7M making its interest coverage ratio 8.1. It has cash and short-term investments of MYR118.6M.
Key information
65.7%
Debt to equity ratio
RM 182.27m
Debt
| Interest coverage ratio | 8.1x |
| Cash | RM 118.60m |
| Equity | RM 277.31m |
| Total liabilities | RM 278.20m |
| Total assets | RM 555.51m |
Recent financial health updates
Does Solarvest Holdings Berhad (KLSE:SLVEST) Have A Healthy Balance Sheet?
Jun 16
Is Solarvest Holdings Berhad (KLSE:SLVEST) Using Too Much Debt?
Jun 14Solarvest Holdings Berhad (KLSE:SLVEST) Seems To Use Debt Quite Sensibly
Mar 08Recent updates
Solid Earnings May Not Tell The Whole Story For Solarvest Holdings Berhad (KLSE:SLVEST)
Sep 06At 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 25
Solarvest 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 (MYR332.0M) exceed its short term liabilities (MYR92.3M).
Long Term Liabilities: SLVEST's short term assets (MYR332.0M) exceed its long term liabilities (MYR185.9M).
Debt to Equity History and Analysis
Debt Level: SLVEST's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: SLVEST's debt to equity ratio has increased from 39.8% to 65.7% over the past 5 years.
Debt Coverage: SLVEST's debt is well covered by operating cash flow (36.6%).
Interest Coverage: SLVEST's interest payments on its debt are well covered by EBIT (8.1x coverage).