Vestland Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Vestland Berhad has a total shareholder equity of MYR180.4M and total debt of MYR281.6M, which brings its debt-to-equity ratio to 156.1%. Its total assets and total liabilities are MYR667.9M and MYR487.5M respectively. Vestland Berhad's EBIT is MYR57.2M making its interest coverage ratio 4.2. It has cash and short-term investments of MYR10.6M.
Key information
156.1%
Debt to equity ratio
RM 281.57m
Debt
| Interest coverage ratio | 4.2x |
| Cash | RM 10.65m |
| Equity | RM 180.38m |
| Total liabilities | RM 487.52m |
| Total assets | RM 667.90m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VLB's short term assets (MYR564.3M) exceed its short term liabilities (MYR476.1M).
Long Term Liabilities: VLB's short term assets (MYR564.3M) exceed its long term liabilities (MYR11.4M).
Debt to Equity History and Analysis
Debt Level: VLB's net debt to equity ratio (150.2%) is considered high.
Reducing Debt: Insufficient data to determine if VLB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VLB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VLB's interest payments on its debt are well covered by EBIT (4.2x coverage).