Brite-Tech Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Brite-Tech Berhad has a total shareholder equity of MYR91.3M and total debt of MYR56.4M, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are MYR158.2M and MYR66.9M respectively. Brite-Tech Berhad's EBIT is MYR12.0M making its interest coverage ratio 6.9. It has cash and short-term investments of MYR21.1M.
Key information
61.7%
Debt to equity ratio
RM 56.36m
Debt
| Interest coverage ratio | 6.9x |
| Cash | RM 21.07m |
| Equity | RM 91.30m |
| Total liabilities | RM 66.88m |
| Total assets | RM 158.17m |
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 (MYR31.1M) exceed its short term liabilities (MYR5.8M).
Long Term Liabilities: BTECH's short term assets (MYR31.1M) do not cover its long term liabilities (MYR61.1M).
Debt to Equity History and Analysis
Debt Level: BTECH's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: BTECH's debt to equity ratio has increased from 32% to 61.7% over the past 5 years.
Debt Coverage: BTECH's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: BTECH's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/04 12:21 |
| End of Day Share Price | 2025/02/04 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Brite-Tech 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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