Ramssol Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Ramssol Group Berhad has a total shareholder equity of MYR85.3M and total debt of MYR18.7M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are MYR112.3M and MYR27.0M respectively. Ramssol Group Berhad's EBIT is MYR11.1M making its interest coverage ratio 7.9. It has cash and short-term investments of MYR13.8M.
Key information
21.9%
Debt to equity ratio
RM18.69m
Debt
| Interest coverage ratio | 7.9x |
| Cash | RM13.78m |
| Equity | RM85.33m |
| Total liabilities | RM26.95m |
| Total assets | RM112.28m |
Recent financial health updates
Recent updates
Getting In Cheap On Ramssol Group Berhad (KLSE:RAMSSOL) Might Be Difficult
Apr 24
Is 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 (MYR60.3M) exceed its short term liabilities (MYR18.2M).
Long Term Liabilities: RAMSSOL's short term assets (MYR60.3M) exceed its long term liabilities (MYR8.8M).
Debt to Equity History and Analysis
Debt Level: RAMSSOL's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: RAMSSOL's debt to equity ratio has reduced from 255.3% to 21.9% over the past 5 years.
Debt Coverage: RAMSSOL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RAMSSOL's interest payments on its debt are well covered by EBIT (7.9x coverage).