Success Transformer Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Success Transformer Berhad has a total shareholder equity of MYR399.8M and total debt of MYR14.8M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are MYR448.4M and MYR48.5M respectively. Success Transformer Berhad's EBIT is MYR28.4M making its interest coverage ratio 29.9. It has cash and short-term investments of MYR122.7M.
Key information
3.7%
Debt to equity ratio
RM14.77m
Debt
| Interest coverage ratio | 29.9x |
| Cash | RM122.66m |
| Equity | RM399.83m |
| Total liabilities | RM48.55m |
| Total assets | RM448.38m |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On Success Transformer Corporation Berhad (KLSE:SUCCESS)
Apr 04
Is There Now An Opportunity In Success Transformer Corporation Berhad (KLSE:SUCCESS)?
Nov 17Is It Time To Consider Buying Success Transformer Corporation Berhad (KLSE:SUCCESS)?
May 19Success Transformer Corporation Berhad (KLSE:SUCCESS) Will Be Looking To Turn Around Its Returns
Mar 24Is Now The Time To Look At Buying Success Transformer Corporation Berhad (KLSE:SUCCESS)?
Feb 18
Does Success Transformer Corporation Berhad's (KLSE:SUCCESS) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 13Is Success Transformer Corporation Berhad (KLSE:SUCCESS) Struggling?
Dec 09Financial Position Analysis
Short Term Liabilities: SUCCESS's short term assets (MYR301.1M) exceed its short term liabilities (MYR31.8M).
Long Term Liabilities: SUCCESS's short term assets (MYR301.1M) exceed its long term liabilities (MYR16.8M).
Debt to Equity History and Analysis
Debt Level: SUCCESS has more cash than its total debt.
Reducing Debt: SUCCESS's debt to equity ratio has reduced from 12.3% to 3.7% over the past 5 years.
Debt Coverage: SUCCESS's debt is well covered by operating cash flow (307.5%).
Interest Coverage: SUCCESS's interest payments on its debt are well covered by EBIT (29.9x coverage).