Spring Art Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Spring Art Holdings Berhad has a total shareholder equity of MYR86.6M and total debt of MYR15.0M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are MYR113.9M and MYR27.3M respectively. Spring Art Holdings Berhad's EBIT is MYR6.5M making its interest coverage ratio 10.8. It has cash and short-term investments of MYR17.2M.
Key information
17.4%
Debt to equity ratio
RM15.03m
Debt
| Interest coverage ratio | 10.8x |
| Cash | RM17.23m |
| Equity | RM86.61m |
| Total liabilities | RM27.29m |
| Total assets | RM113.89m |
Recent financial health updates
Spring Art Holdings Berhad (KLSE:SPRING) Seems To Use Debt Quite Sensibly
Apr 05
We Think Spring Art Holdings Berhad (KLSE:SPRING) Is Taking Some Risk With Its Debt
Oct 02Is Spring Art Holdings Berhad (KLSE:SPRING) A Risky Investment?
Oct 13Recent updates
Earnings Not Telling The Story For Spring Art Holdings Berhad (KLSE:SPRING) After Shares Rise 28%
Apr 09Spring Art Holdings Berhad (KLSE:SPRING) Seems To Use Debt Quite Sensibly
Apr 05Spring Art Holdings Berhad's (KLSE:SPRING) Price Is Out Of Tune With Earnings
Jan 15We Think Spring Art Holdings Berhad (KLSE:SPRING) Is Taking Some Risk With Its Debt
Oct 02Capital Allocation Trends At Spring Art Holdings Berhad (KLSE:SPRING) Aren't Ideal
Aug 03Is Spring Art Holdings Berhad (KLSE:SPRING) A Risky Investment?
Oct 13Spring Art Holdings Berhad (KLSE:SPRING) May Have Issues Allocating Its Capital
Feb 22More Unpleasant Surprises Could Be In Store For Spring Art Holdings Berhad's (KLSE:SPRING) Shares After Tumbling 32%
Mar 18Should You Be Impressed By Spring Art Holdings Berhad's (KLSE:SPRING) Returns on Capital?
Feb 25Spring Art Holdings Berhad's (KLSE:SPRING) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 04Financial Position Analysis
Short Term Liabilities: SPRING's short term assets (MYR37.4M) exceed its short term liabilities (MYR9.5M).
Long Term Liabilities: SPRING's short term assets (MYR37.4M) exceed its long term liabilities (MYR17.8M).
Debt to Equity History and Analysis
Debt Level: SPRING has more cash than its total debt.
Reducing Debt: SPRING's debt to equity ratio has reduced from 18.8% to 17.4% over the past 5 years.
Debt Coverage: SPRING's debt is well covered by operating cash flow (52.8%).
Interest Coverage: SPRING's interest payments on its debt are well covered by EBIT (10.8x coverage).