Ramssol Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Ramssol Group Berhad has a total shareholder equity of MYR105.0M and total debt of MYR27.0M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are MYR146.3M and MYR41.4M respectively. Ramssol Group Berhad's EBIT is MYR17.3M making its interest coverage ratio 10.8. It has cash and short-term investments of MYR23.6M.
Key information
25.7%
Debt to equity ratio
RM 27.00m
Debt
| Interest coverage ratio | 10.8x |
| Cash | RM 23.64m |
| Equity | RM 104.96m |
| Total liabilities | RM 41.37m |
| Total assets | RM 146.33m |
Recent financial health updates
Does Ramssol Group Berhad (KLSE:RAMSSOL) Have A Healthy Balance Sheet?
Jun 26
Is Ramssol Group Berhad (KLSE:RAMSSOL) Using Too Much Debt?
Feb 09Recent updates
We Think That There Are Issues Underlying Ramssol Group Berhad's (KLSE:RAMSSOL) Earnings
Nov 18Ramssol Group Berhad's (KLSE:RAMSSOL) P/E Is Still On The Mark Following 26% Share Price Bounce
Jul 01Does Ramssol Group Berhad (KLSE:RAMSSOL) Have A Healthy Balance Sheet?
Jun 26Getting In Cheap On Ramssol Group Berhad (KLSE:RAMSSOL) Might Be Difficult
Apr 24Is Ramssol Group Berhad (KLSE:RAMSSOL) Using Too Much Debt?
Feb 09There Are Reasons To Feel Uneasy About Ramssol Group Berhad's (KLSE:RAMSSOL) Returns On Capital
Aug 18Returns On Capital Signal Tricky Times Ahead For Ramssol Group Berhad (KLSE:RAMSSOL)
Apr 13Are Investors Undervaluing Ramssol Group Berhad (KLSE:RAMSSOL) By 40%?
Feb 25It's A Story Of Risk Vs Reward With Ramssol Group Berhad (KLSE:RAMSSOL)
Jun 13Ramssol Group Berhad's (KLSE:RAMSSOL) Shareholders Have More To Worry About Than Only Soft Earnings
Mar 04Financial Position Analysis
Short Term Liabilities: RAMSSOL's short term assets (MYR87.4M) exceed its short term liabilities (MYR26.8M).
Long Term Liabilities: RAMSSOL's short term assets (MYR87.4M) exceed its long term liabilities (MYR14.6M).
Debt to Equity History and Analysis
Debt Level: RAMSSOL's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: RAMSSOL's debt to equity ratio has reduced from 1281.4% to 25.7% over the past 5 years.
Debt Coverage: RAMSSOL's debt is not well covered by operating cash flow (1%).
Interest Coverage: RAMSSOL's interest payments on its debt are well covered by EBIT (10.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:21 |
| End of Day Share Price | 2024/12/20 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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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
Ramssol Group Berhad is covered by 8 analysts. 4 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 |
|---|---|
| Shafiq Kadir | CGS International |
| Lik Hsin Aw | CGS International |
| null null | JF Apex Securities Berhad |