Farm Price Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Farm Price Holdings Berhad has a total shareholder equity of MYR24.7M and total debt of MYR10.5M, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are MYR48.5M and MYR23.8M respectively. Farm Price Holdings Berhad's EBIT is MYR11.1M making its interest coverage ratio 19.4. It has cash and short-term investments of MYR3.9M.
Key information
42.4%
Debt to equity ratio
RM 10.48m
Debt
| Interest coverage ratio | 19.4x |
| Cash | RM 3.89m |
| Equity | RM 24.70m |
| Total liabilities | RM 23.76m |
| Total assets | RM 48.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPHB's short term assets (MYR22.9M) exceed its short term liabilities (MYR13.4M).
Long Term Liabilities: FPHB's short term assets (MYR22.9M) exceed its long term liabilities (MYR10.4M).
Debt to Equity History and Analysis
Debt Level: FPHB's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FPHB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FPHB's debt is well covered by operating cash flow (61.6%).
Interest Coverage: FPHB's interest payments on its debt are well covered by EBIT (19.4x coverage).