Spring Art Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Spring Art Holdings Berhad has a total shareholder equity of MYR88.9M and total debt of MYR14.1M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are MYR114.1M and MYR25.2M respectively. Spring Art Holdings Berhad's EBIT is MYR10.5M making its interest coverage ratio 17.6. It has cash and short-term investments of MYR19.3M.
Key information
15.9%
Debt to equity ratio
RM 14.11m
Debt
Interest coverage ratio | 17.6x |
Cash | RM 19.26m |
Equity | RM 88.88m |
Total liabilities | RM 25.22m |
Total assets | RM 114.10m |
Recent financial health updates
Spring Art Holdings Berhad (KLSE:SPRING) Seems To Use Debt Quite Sensibly
Apr 05We 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
There's Reason For Concern Over Spring Art Holdings Berhad's (KLSE:SPRING) Price
Aug 12Spring Art Holdings Berhad (KLSE:SPRING) May Have Issues Allocating Its Capital
May 28Earnings 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 (MYR34.6M) exceed its short term liabilities (MYR7.0M).
Long Term Liabilities: SPRING's short term assets (MYR34.6M) exceed its long term liabilities (MYR18.2M).
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 increased from 11.1% to 15.9% over the past 5 years.
Debt Coverage: SPRING's debt is well covered by operating cash flow (83.9%).
Interest Coverage: SPRING's interest payments on its debt are well covered by EBIT (17.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/22 01:37 |
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 * |
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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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Spring Art Holdings Berhad is covered by 1 analysts. 0 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 |
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Mun Chan | TA Securities Holdings Berhad |