Cabnet Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Cabnet Holdings Berhad has a total shareholder equity of MYR44.8M and total debt of MYR14.8M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are MYR98.9M and MYR54.1M respectively. Cabnet Holdings Berhad's EBIT is MYR1.3M making its interest coverage ratio 1.8. It has cash and short-term investments of MYR14.6M.
Key information
32.9%
Debt to equity ratio
RM14.77m
Debt
| Interest coverage ratio | 1.8x |
| Cash | RM14.65m |
| Equity | RM44.85m |
| Total liabilities | RM54.09m |
| Total assets | RM98.94m |
Recent financial health updates
Here's Why Cabnet Holdings Berhad (KLSE:CABNET) Can Manage Its Debt Responsibly
Jul 12
These 4 Measures Indicate That Cabnet Holdings Berhad (KLSE:CABNET) Is Using Debt Reasonably Well
Mar 16Cabnet Holdings Berhad (KLSE:CABNET) Seems To Use Debt Rather Sparingly
Oct 20Is Cabnet Holdings Berhad (KLSE:CABNET) Using Too Much Debt?
Jul 01Is Cabnet Holdings Berhad (KLSE:CABNET) Using Too Much Debt?
Jun 11Here's Why Cabnet Holdings Berhad (KLSE:CABNET) Can Afford Some Debt
Feb 26Recent updates
Here's Why Cabnet Holdings Berhad (KLSE:CABNET) Can Manage Its Debt Responsibly
Jul 12These 4 Measures Indicate That Cabnet Holdings Berhad (KLSE:CABNET) Is Using Debt Reasonably Well
Mar 16Cabnet Holdings Berhad (KLSE:CABNET) Seems To Use Debt Rather Sparingly
Oct 20Is Cabnet Holdings Berhad (KLSE:CABNET) Using Too Much Debt?
Jul 01Is Cabnet Holdings Berhad (KLSE:CABNET) Using Too Much Debt?
Jun 11Here's Why Cabnet Holdings Berhad (KLSE:CABNET) Can Afford Some Debt
Feb 26Financial Position Analysis
Short Term Liabilities: CABNET's short term assets (MYR66.5M) exceed its short term liabilities (MYR44.0M).
Long Term Liabilities: CABNET's short term assets (MYR66.5M) exceed its long term liabilities (MYR10.1M).
Debt to Equity History and Analysis
Debt Level: CABNET's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: CABNET's debt to equity ratio has increased from 4% to 32.9% over the past 5 years.
Debt Coverage: CABNET's debt is well covered by operating cash flow (21.7%).
Interest Coverage: CABNET's interest payments on its debt are not well covered by EBIT (1.8x coverage).