Solarvest Holdings Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Solarvest Holdings Berhad has a total shareholder equity of MYR224.2M and total debt of MYR184.8M, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are MYR536.1M and MYR311.8M respectively. Solarvest Holdings Berhad's EBIT is MYR50.1M making its interest coverage ratio 9.5. It has cash and short-term investments of MYR71.6M.
Key information
82.4%
Debt to equity ratio
RM184.78m
Debt
| Interest coverage ratio | 9.5x |
| Cash | RM71.60m |
| Equity | RM224.24m |
| Total liabilities | RM311.83m |
| Total assets | RM536.06m |
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
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 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 (MYR325.5M) exceed its short term liabilities (MYR127.1M).
Long Term Liabilities: SLVEST's short term assets (MYR325.5M) exceed its long term liabilities (MYR184.7M).
Debt to Equity History and Analysis
Debt Level: SLVEST's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: SLVEST's debt to equity ratio has increased from 55% to 82.4% over the past 5 years.
Debt Coverage: SLVEST's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: SLVEST's interest payments on its debt are well covered by EBIT (9.5x coverage).