GFM Services Berhad Balance Sheet Health
Financial Health criteria checks 3/6
GFM Services Berhad has a total shareholder equity of MYR206.9M and total debt of MYR297.8M, which brings its debt-to-equity ratio to 144%. Its total assets and total liabilities are MYR603.7M and MYR396.8M respectively. GFM Services Berhad's EBIT is MYR62.6M making its interest coverage ratio 3.5. It has cash and short-term investments of MYR141.2M.
Key information
144.0%
Debt to equity ratio
RM 297.84m
Debt
| Interest coverage ratio | 3.5x |
| Cash | RM 141.21m |
| Equity | RM 206.89m |
| Total liabilities | RM 396.81m |
| Total assets | RM 603.70m |
Recent financial health updates
These 4 Measures Indicate That GFM Services Berhad (KLSE:GFM) Is Using Debt Extensively
Sep 29
GFM Services Berhad (KLSE:GFM) Has A Somewhat Strained Balance Sheet
Jun 16GFM Services Berhad (KLSE:GFM) Has A Somewhat Strained Balance Sheet
Jan 04Is GFM Services Berhad (KLSE:GFM) A Risky Investment?
May 29Here's Why GFM Services Berhad (KLSE:GFM) Is Weighed Down By Its Debt Load
Feb 26Recent updates
GFM Services Berhad (KLSE:GFM) Has Announced A Dividend Of MYR0.0023
Sep 02GFM Services Berhad (KLSE:GFM) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jul 21GFM Services Berhad (KLSE:GFM) Will Pay A Dividend Of MYR0.0025
Jun 15GFM Services Berhad (KLSE:GFM) Will Pay A Dividend Of MYR0.0025
May 27Does GFM Services Berhad (KLSE:GFM) Deserve A Spot On Your Watchlist?
May 21GFM Services Berhad (KLSE:GFM) Soars 36% But It's A Story Of Risk Vs Reward
Mar 11GFM Services Berhad (KLSE:GFM) Might Not Be As Mispriced As It Looks
Jan 17Calculating The Fair Value Of GFM Services Berhad (KLSE:GFM)
Nov 10The Returns On Capital At GFM Services Berhad (KLSE:GFM) Don't Inspire Confidence
Oct 19Is Now The Time To Put GFM Services Berhad (KLSE:GFM) On Your Watchlist?
Aug 16A Look At The Fair Value Of GFM Services Berhad (KLSE:GFM)
Jan 04Investors Could Be Concerned With GFM Services Berhad's (KLSE:GFM) Returns On Capital
Nov 17These 4 Measures Indicate That GFM Services Berhad (KLSE:GFM) Is Using Debt Extensively
Sep 29GFM Services Berhad (KLSE:GFM) Has A Somewhat Strained Balance Sheet
Jun 16GFM Services Berhad (KLSE:GFM) May Have Issues Allocating Its Capital
Feb 21GFM Services Berhad (KLSE:GFM) Has A Somewhat Strained Balance Sheet
Jan 04Calculating The Fair Value Of GFM Services Berhad (KLSE:GFM)
Sep 06Investors Could Be Concerned With GFM Services Berhad's (KLSE:GFM) Returns On Capital
Jul 12Is GFM Services Berhad (KLSE:GFM) A Risky Investment?
May 29GFM Services Berhad (KLSE:GFM) Will Will Want To Turn Around Its Return Trends
Apr 11Imagine Holding GFM Services Berhad (KLSE:GFM) Shares While The Price Zoomed 400% Higher
Mar 16Here's Why GFM Services Berhad (KLSE:GFM) Is Weighed Down By Its Debt Load
Feb 26What Do The Returns On Capital At GFM Services Berhad (KLSE:GFM) Tell Us?
Jan 04
Financial Position Analysis
Short Term Liabilities: GFM's short term assets (MYR244.4M) exceed its short term liabilities (MYR79.9M).
Long Term Liabilities: GFM's short term assets (MYR244.4M) do not cover its long term liabilities (MYR316.9M).
Debt to Equity History and Analysis
Debt Level: GFM's net debt to equity ratio (75.7%) is considered high.
Reducing Debt: GFM's debt to equity ratio has reduced from 375.2% to 144% over the past 5 years.
Debt Coverage: GFM's debt is not well covered by operating cash flow (10%).
Interest Coverage: GFM's interest payments on its debt are well covered by EBIT (3.5x coverage).