Velocity Capital Partner Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Velocity Capital Partner Berhad has a total shareholder equity of MYR397.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR424.6M and MYR27.6M respectively. Velocity Capital Partner Berhad's EBIT is MYR3.6M making its interest coverage ratio -10.1. It has cash and short-term investments of MYR49.5M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | -10.1x |
| Cash | RM49.54m |
| Equity | RM397.07m |
| Total liabilities | RM27.57m |
| Total assets | RM424.63m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: VELOCITY's short term assets (MYR284.6M) exceed its short term liabilities (MYR19.9M).
Long Term Liabilities: VELOCITY's short term assets (MYR284.6M) exceed its long term liabilities (MYR7.7M).
Debt to Equity History and Analysis
Debt Level: VELOCITY is debt free.
Reducing Debt: VELOCITY had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VELOCITY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VELOCITY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.2% per year.