Southern Score Builders Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Southern Score Builders Berhad has a total shareholder equity of MYR160.4M and total debt of MYR15.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are MYR218.2M and MYR57.9M respectively. Southern Score Builders Berhad's EBIT is MYR46.3M making its interest coverage ratio -1880.9. It has cash and short-term investments of MYR51.9M.
Key information
9.4%
Debt to equity ratio
RM15.00m
Debt
| Interest coverage ratio | -1880.9x |
| Cash | RM51.90m |
| Equity | RM160.35m |
| Total liabilities | RM57.88m |
| Total assets | RM218.24m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SSB8's short term assets (MYR208.4M) exceed its short term liabilities (MYR57.5M).
Long Term Liabilities: SSB8's short term assets (MYR208.4M) exceed its long term liabilities (MYR347.0K).
Debt to Equity History and Analysis
Debt Level: SSB8 has more cash than its total debt.
Reducing Debt: SSB8's debt to equity ratio has reduced from 36.8% to 9.4% over the past 5 years.
Debt Coverage: SSB8's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SSB8 earns more interest than it pays, so coverage of interest payments is not a concern.