Varia Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Varia Berhad has a total shareholder equity of MYR405.0M and total debt of MYR108.8M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are MYR657.0M and MYR252.1M respectively. Varia Berhad's EBIT is MYR12.8M making its interest coverage ratio 2. It has cash and short-term investments of MYR25.6M.
Key information
26.9%
Debt to equity ratio
RM 108.82m
Debt
| Interest coverage ratio | 2x |
| Cash | RM 25.63m |
| Equity | RM 404.97m |
| Total liabilities | RM 252.08m |
| Total assets | RM 657.04m |
Recent financial health updates
Is Stella Holdings Berhad (KLSE:STELLA) Using Too Much Debt?
Oct 21
Stella Holdings Berhad (KLSE:STELLA) Has A Somewhat Strained Balance Sheet
Apr 05Is Stella Holdings Berhad (KLSE:STELLA) Using Too Much Debt?
Jun 07Recent updates
Is Stella Holdings Berhad (KLSE:STELLA) Using Too Much Debt?
Oct 21Stella Holdings Berhad (KLSE:STELLA) Shareholders Will Want The ROCE Trajectory To Continue
Jun 01Stella Holdings Berhad (KLSE:STELLA) Has A Somewhat Strained Balance Sheet
Apr 05Stella Holdings Berhad (KLSE:STELLA) Has Announced A Dividend Of RM0.025
Aug 03Stella Holdings Berhad (KLSE:STELLA) Has Re-Affirmed Its Dividend Of RM0.025
Jul 18Stella Holdings Berhad's (KLSE:STELLA) Shares Climb 29% But Its Business Is Yet to Catch Up
Jul 08Is Stella Holdings Berhad (KLSE:STELLA) Using Too Much Debt?
Jun 07Our Take On The Returns On Capital At Stella Holdings Berhad (KLSE:STELLA)
Mar 19Here's Why We Don't Think Stella Holdings Berhad's (KLSE:STELLA) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 25How Does Stella Holdings Berhad (KLSE:STELLA) Fare As A Dividend Stock?
Dec 29The Trends At Stella Holdings Berhad (KLSE:STELLA) That You Should Know About
Dec 02Financial Position Analysis
Short Term Liabilities: VARIA's short term assets (MYR187.0M) exceed its short term liabilities (MYR144.3M).
Long Term Liabilities: VARIA's short term assets (MYR187.0M) exceed its long term liabilities (MYR107.7M).
Debt to Equity History and Analysis
Debt Level: VARIA's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: VARIA's debt to equity ratio has increased from 13.4% to 26.9% over the past 5 years.
Debt Coverage: VARIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VARIA's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:12 |
| End of Day Share Price | 2024/12/26 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
Varia 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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