Lee Swee Kiat Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Lee Swee Kiat Group Berhad has a total shareholder equity of MYR76.5M and total debt of MYR3.8M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are MYR117.5M and MYR41.0M respectively. Lee Swee Kiat Group Berhad's EBIT is MYR16.3M making its interest coverage ratio 243. It has cash and short-term investments of MYR19.5M.
Key information
5.0%
Debt to equity ratio
RM 3.85m
Debt
| Interest coverage ratio | 243x |
| Cash | RM 19.53m |
| Equity | RM 76.52m |
| Total liabilities | RM 41.02m |
| Total assets | RM 117.54m |
Recent financial health updates
Does Lee Swee Kiat Group Berhad (KLSE:LEESK) Have A Healthy Balance Sheet?
May 24
Lee Swee Kiat Group Berhad (KLSE:LEESK) Seems To Use Debt Quite Sensibly
Apr 05Is Lee Swee Kiat Group Berhad (KLSE:LEESK) A Risky Investment?
Jan 05Recent updates
Is Lee Swee Kiat Group Berhad (KLSE:LEESK) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 23Investors Still Aren't Entirely Convinced By Lee Swee Kiat Group Berhad's (KLSE:LEESK) Earnings Despite 41% Price Jump
Feb 09Is Lee Swee Kiat Group Berhad (KLSE:LEESK) Trading At A 38% Discount?
Dec 28Does Lee Swee Kiat Group Berhad (KLSE:LEESK) Have A Healthy Balance Sheet?
May 24Returns At Lee Swee Kiat Group Berhad (KLSE:LEESK) Appear To Be Weighed Down
Jan 14Returns On Capital At Lee Swee Kiat Group Berhad (KLSE:LEESK) Have Hit The Brakes
May 05Lee Swee Kiat Group Berhad (KLSE:LEESK) Seems To Use Debt Quite Sensibly
Apr 05Estimating The Fair Value Of Lee Swee Kiat Group Berhad (KLSE:LEESK)
Mar 03Is Lee Swee Kiat Group Berhad's (KLSE:LEESK) Latest Stock Performance A Reflection Of Its Financial Health?
Feb 10
Returns On Capital - An Important Metric For Lee Swee Kiat Group Berhad (KLSE:LEESK)
Jan 23Is Lee Swee Kiat Group Berhad (KLSE:LEESK) A Risky Investment?
Jan 05Here's Why Lee Swee Kiat Group Berhad's (KLSE:LEESK) Statutory Earnings Are Arguably Too Conservative
Dec 17Upgrade: Analysts Just Made A Meaningful Increase To Their Lee Swee Kiat Group Berhad (KLSE:LEESK) Forecasts
Nov 26A Look At The Intrinsic Value Of Lee Swee Kiat Group Berhad (KLSE:LEESK)
Nov 23Financial Position Analysis
Short Term Liabilities: LEESK's short term assets (MYR62.0M) exceed its short term liabilities (MYR32.0M).
Long Term Liabilities: LEESK's short term assets (MYR62.0M) exceed its long term liabilities (MYR9.0M).
Debt to Equity History and Analysis
Debt Level: LEESK has more cash than its total debt.
Reducing Debt: LEESK's debt to equity ratio has reduced from 21.7% to 5% over the past 5 years.
Debt Coverage: LEESK's debt is well covered by operating cash flow (381.7%).
Interest Coverage: LEESK's interest payments on its debt are well covered by EBIT (243x coverage).