99 Speed Mart Retail Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
99 Speed Mart Retail Holdings Berhad has a total shareholder equity of MYR585.0M and total debt of MYR54.6M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are MYR2.5B and MYR1.9B respectively. 99 Speed Mart Retail Holdings Berhad's EBIT is MYR617.8M making its interest coverage ratio 15.7. It has cash and short-term investments of MYR111.4M.
Key information
9.3%
Debt to equity ratio
RM 54.64m
Debt
| Interest coverage ratio | 15.7x |
| Cash | RM 111.41m |
| Equity | RM 585.04m |
| Total liabilities | RM 1.93b |
| Total assets | RM 2.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 99SMART's short term assets (MYR1.3B) exceed its short term liabilities (MYR1.2B).
Long Term Liabilities: 99SMART's short term assets (MYR1.3B) exceed its long term liabilities (MYR706.8M).
Debt to Equity History and Analysis
Debt Level: 99SMART has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 99SMART's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 99SMART's debt is well covered by operating cash flow (1290.4%).
Interest Coverage: 99SMART's interest payments on its debt are well covered by EBIT (15.7x coverage).