Volcano Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Volcano Berhad has a total shareholder equity of MYR103.4M and total debt of MYR4.3M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are MYR118.7M and MYR15.3M respectively. Volcano Berhad's EBIT is MYR5.4M making its interest coverage ratio 40.8. It has cash and short-term investments of MYR27.3M.
Key information
4.1%
Debt to equity ratio
RM 4.29m
Debt
| Interest coverage ratio | 40.8x |
| Cash | RM 27.33m |
| Equity | RM 103.41m |
| Total liabilities | RM 15.27m |
| Total assets | RM 118.68m |
Recent financial health updates
No updates
Recent updates
Volcano Berhad's (KLSE:VOLCANO) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Aug 28
Be Wary Of Volcano Berhad (KLSE:VOLCANO) And Its Returns On Capital
Jun 11Investors Could Be Concerned With Volcano Berhad's (KLSE:VOLCANO) Returns On Capital
May 18Volcano 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 (MYR65.7M) exceed its short term liabilities (MYR10.5M).
Long Term Liabilities: VOLCANO's short term assets (MYR65.7M) exceed its long term liabilities (MYR4.7M).
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 4.1% over the past 5 years.
Debt Coverage: VOLCANO's debt is well covered by operating cash flow (258.7%).
Interest Coverage: VOLCANO's interest payments on its debt are well covered by EBIT (40.8x coverage).