Solar District Cooling Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Solar District Cooling Group Berhad has a total shareholder equity of MYR19.6M and total debt of MYR637.9K, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are MYR24.2M and MYR4.6M respectively. Solar District Cooling Group Berhad's EBIT is MYR8.8M making its interest coverage ratio 187.8. It has cash and short-term investments of MYR6.6M.
Key information
3.3%
Debt to equity ratio
RM 637.90k
Debt
| Interest coverage ratio | 187.8x |
| Cash | RM 6.63m |
| Equity | RM 19.60m |
| Total liabilities | RM 4.61m |
| Total assets | RM 24.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDCG's short term assets (MYR19.2M) exceed its short term liabilities (MYR4.1M).
Long Term Liabilities: SDCG's short term assets (MYR19.2M) exceed its long term liabilities (MYR552.2K).
Debt to Equity History and Analysis
Debt Level: SDCG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SDCG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SDCG's debt is well covered by operating cash flow (1105.2%).
Interest Coverage: SDCG's interest payments on its debt are well covered by EBIT (187.8x coverage).