Volcano Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Volcano Berhad has a total shareholder equity of MYR103.6M and total debt of MYR4.3M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are MYR118.0M and MYR14.4M respectively. Volcano Berhad's EBIT is MYR5.1M making its interest coverage ratio -27.9. It has cash and short-term investments of MYR29.6M.
Key information
4.2%
Debt to equity ratio
RM4.31m
Debt
| Interest coverage ratio | -27.9x |
| Cash | RM29.61m |
| Equity | RM103.64m |
| Total liabilities | RM14.40m |
| Total assets | RM118.04m |
Recent financial health updates
No updates
Recent updates
Investors Could Be Concerned With Volcano Berhad's (KLSE:VOLCANO) Returns On Capital
May 18
Volcano Berhad (KLSE:VOLCANO) Stock Rockets 45% But Many Are Still Ignoring The Company
Feb 09Do Volcano Berhad's (KLSE:VOLCANO) Earnings Warrant Your Attention?
Jan 16Returns On Capital At Volcano Berhad (KLSE:VOLCANO) Paint A Concerning Picture
Sep 13We Think That There Are Issues Underlying Volcano Berhad's (KLSE:VOLCANO) Earnings
Mar 03Financial Position Analysis
Short Term Liabilities: VOLCANO's short term assets (MYR67.9M) exceed its short term liabilities (MYR13.1M).
Long Term Liabilities: VOLCANO's short term assets (MYR67.9M) exceed its long term liabilities (MYR1.3M).
Debt to Equity History and Analysis
Debt Level: VOLCANO has more cash than its total debt.
Reducing Debt: VOLCANO's debt to equity ratio has increased from 0% to 4.2% over the past 5 years.
Debt Coverage: VOLCANO's debt is well covered by operating cash flow (292.6%).
Interest Coverage: VOLCANO earns more interest than it pays, so coverage of interest payments is not a concern.