Sycal Ventures Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Sycal Ventures Berhad has a total shareholder equity of MYR285.5M and total debt of MYR37.6M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are MYR484.1M and MYR198.6M respectively. Sycal Ventures Berhad's EBIT is MYR8.2M making its interest coverage ratio 2.2. It has cash and short-term investments of MYR6.9M.
Key information
13.2%
Debt to equity ratio
RM 37.56m
Debt
| Interest coverage ratio | 2.2x |
| Cash | RM 6.91m |
| Equity | RM 285.50m |
| Total liabilities | RM 198.64m |
| Total assets | RM 484.14m |
Recent financial health updates
Is Sycal Ventures Berhad (KLSE:SYCAL) A Risky Investment?
Sep 12
Is Sycal Ventures Berhad (KLSE:SYCAL) Using Too Much Debt?
Feb 13These 4 Measures Indicate That Sycal Ventures Berhad (KLSE:SYCAL) Is Using Debt Reasonably Well
Jul 06Sycal Ventures Berhad (KLSE:SYCAL) Takes On Some Risk With Its Use Of Debt
Oct 30Sycal Ventures Berhad (KLSE:SYCAL) Has A Somewhat Strained Balance Sheet
Mar 10Sycal Ventures Berhad (KLSE:SYCAL) Has A Somewhat Strained Balance Sheet
Dec 09
Recent updates
Here's Why Sycal Ventures Berhad's (KLSE:SYCAL) CEO Is Unlikely to Expect A Pay Rise This Year
Nov 21Is Sycal Ventures Berhad (KLSE:SYCAL) A Risky Investment?
Sep 12Sycal Ventures Berhad (KLSE:SYCAL) Has Some Way To Go To Become A Multi-Bagger
Aug 05Sycal Ventures Berhad (KLSE:SYCAL) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
Jun 23Sycal Ventures Berhad (KLSE:SYCAL) Could Be Struggling To Allocate Capital
May 01Is Sycal Ventures Berhad (KLSE:SYCAL) Using Too Much Debt?
Feb 13Sycal Ventures Berhad (KLSE:SYCAL) Has Some Way To Go To Become A Multi-Bagger
Aug 28These 4 Measures Indicate That Sycal Ventures Berhad (KLSE:SYCAL) Is Using Debt Reasonably Well
Jul 06Investors Could Be Concerned With Sycal Ventures Berhad's (KLSE:SYCAL) Returns On Capital
Jul 20Investors Could Be Concerned With Sycal Ventures Berhad's (KLSE:SYCAL) Returns On Capital
Dec 22Sycal Ventures Berhad (KLSE:SYCAL) Takes On Some Risk With Its Use Of Debt
Oct 30Sycal Ventures Berhad (KLSE:SYCAL) Will Be Hoping To Turn Its Returns On Capital Around
Sep 07Sycal Ventures Berhad's (KLSE:SYCAL) Returns On Capital Not Reflecting Well On The Business
May 12Sycal Ventures Berhad (KLSE:SYCAL) Has A Somewhat Strained Balance Sheet
Mar 10How Well Is Sycal Ventures Berhad (KLSE:SYCAL) Allocating Its Capital?
Feb 02Sycal Ventures Berhad (KLSE:SYCAL) Has A Somewhat Strained Balance Sheet
Dec 09Financial Position Analysis
Short Term Liabilities: SYCAL's short term assets (MYR402.1M) exceed its short term liabilities (MYR168.9M).
Long Term Liabilities: SYCAL's short term assets (MYR402.1M) exceed its long term liabilities (MYR29.8M).
Debt to Equity History and Analysis
Debt Level: SYCAL's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: SYCAL's debt to equity ratio has reduced from 17.6% to 13.2% over the past 5 years.
Debt Coverage: SYCAL's debt is well covered by operating cash flow (25.7%).
Interest Coverage: SYCAL's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:34 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Sycal Ventures Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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