Brite-Tech Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Brite-Tech Berhad has a total shareholder equity of MYR89.4M and total debt of MYR47.8M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are MYR148.1M and MYR58.7M respectively. Brite-Tech Berhad's EBIT is MYR8.4M making its interest coverage ratio 5.4. It has cash and short-term investments of MYR19.4M.
Key information
53.5%
Debt to equity ratio
RM47.80m
Debt
| Interest coverage ratio | 5.4x |
| Cash | RM19.41m |
| Equity | RM89.38m |
| Total liabilities | RM58.70m |
| Total assets | RM148.08m |
Recent financial health updates
We Think Brite-Tech Berhad (KLSE:BTECH) Can Stay On Top Of Its Debt
Nov 08
Brite-Tech Berhad (KLSE:BTECH) Seems To Use Debt Quite Sensibly
Jun 07We Think Brite-Tech Berhad (KLSE:BTECH) Can Manage Its Debt With Ease
Sep 02Here's Why Brite-Tech Berhad (KLSE:BTECH) Can Manage Its Debt Responsibly
Mar 08We Think Brite-Tech Berhad (KLSE:BTECH) Can Stay On Top Of Its Debt
Apr 01Does Brite-Tech Berhad (KLSE:BTECH) Have A Healthy Balance Sheet?
Dec 31
Recent updates
We Think Brite-Tech Berhad (KLSE:BTECH) Can Stay On Top Of Its Debt
Nov 08Return Trends At Brite-Tech Berhad (KLSE:BTECH) Aren't Appealing
Aug 30Brite-Tech Berhad (KLSE:BTECH) Seems To Use Debt Quite Sensibly
Jun 07Brite-Tech Berhad (KLSE:BTECH) Hasn't Managed To Accelerate Its Returns
Mar 14We Think Brite-Tech Berhad (KLSE:BTECH) Can Manage Its Debt With Ease
Sep 02The Returns On Capital At Brite-Tech Berhad (KLSE:BTECH) Don't Inspire Confidence
May 11Here's Why We Think Brite-Tech Berhad (KLSE:BTECH) Is Well Worth Watching
Mar 30Here's Why Brite-Tech Berhad (KLSE:BTECH) Can Manage Its Debt Responsibly
Mar 08Brite-Tech Berhad (KLSE:BTECH) Has More To Do To Multiply In Value Going Forward
May 25We Think Brite-Tech Berhad (KLSE:BTECH) Can Stay On Top Of Its Debt
Apr 01We Think You Can Look Beyond Brite-Tech Berhad's (KLSE:BTECH) Lackluster Earnings
Mar 06Estimating The Intrinsic Value Of Brite-Tech Berhad (KLSE:BTECH)
Feb 25Here's Why I Think Brite-Tech Berhad (KLSE:BTECH) Is An Interesting Stock
Feb 07Here's What To Make Of Brite-Tech Berhad's (KLSE:BTECH) Returns On Capital
Jan 18Does Brite-Tech Berhad (KLSE:BTECH) Have A Healthy Balance Sheet?
Dec 31Can Mixed Fundamentals Have A Negative Impact on Brite-Tech Berhad (KLSE:BTECH) Current Share Price Momentum?
Dec 14Estimating The Fair Value Of Brite-Tech Berhad (KLSE:BTECH)
Nov 26Financial Position Analysis
Short Term Liabilities: BTECH's short term assets (MYR27.5M) exceed its short term liabilities (MYR7.1M).
Long Term Liabilities: BTECH's short term assets (MYR27.5M) do not cover its long term liabilities (MYR51.6M).
Debt to Equity History and Analysis
Debt Level: BTECH's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: BTECH's debt to equity ratio has increased from 25.7% to 53.5% over the past 5 years.
Debt Coverage: BTECH's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: BTECH's interest payments on its debt are well covered by EBIT (5.4x coverage).