Velocity Capital Partner Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Velocity Capital Partner Berhad has a total shareholder equity of MYR394.6M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR481.3M and MYR86.7M respectively. Velocity Capital Partner Berhad's EBIT is MYR2.3M making its interest coverage ratio 17.8. It has cash and short-term investments of MYR7.9M.
Key information
0%
Debt to equity ratio
RM 0
Debt
Interest coverage ratio | 17.8x |
Cash | RM 7.91m |
Equity | RM 394.60m |
Total liabilities | RM 86.72m |
Total assets | RM 481.32m |
Recent financial health updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Velocity Capital Partner Berhad (KLSE:VELOCITY)
Nov 07Positive Sentiment Still Eludes Velocity Capital Partner Berhad (KLSE:VELOCITY) Following 33% Share Price Slump
Oct 21Even With A 30% Surge, Cautious Investors Are Not Rewarding Velocity Capital Partner Berhad's (KLSE:VELOCITY) Performance Completely
Sep 04Investors Aren't Entirely Convinced By Velocity Capital Partner Berhad's (KLSE:VELOCITY) Revenues
Mar 19Companies Like KTG Berhad (KLSE:KTG) Are In A Position To Invest In Growth
Mar 14Financial Position Analysis
Short Term Liabilities: VELOCITY's short term assets (MYR399.3M) exceed its short term liabilities (MYR81.2M).
Long Term Liabilities: VELOCITY's short term assets (MYR399.3M) exceed its long term liabilities (MYR5.5M).
Debt to Equity History and Analysis
Debt Level: VELOCITY is debt free.
Reducing Debt: VELOCITY has no debt compared to 5 years ago when its debt to equity ratio was 0.03%.
Debt Coverage: VELOCITY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VELOCITY has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/21 06:27 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/06/30 |
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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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
Velocity Capital Partner Berhad is covered by 0 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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