Kim Teck Cheong Consolidated Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Kim Teck Cheong Consolidated Berhad has a total shareholder equity of MYR198.4M and total debt of MYR109.7M, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are MYR397.3M and MYR198.8M respectively. Kim Teck Cheong Consolidated Berhad's EBIT is MYR37.5M making its interest coverage ratio 10.7. It has cash and short-term investments of MYR15.7M.
Key information
55.3%
Debt to equity ratio
RM109.69m
Debt
| Interest coverage ratio | 10.7x |
| Cash | RM15.72m |
| Equity | RM198.44m |
| Total liabilities | RM198.83m |
| Total assets | RM397.27m |
Recent financial health updates
Does Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Have A Healthy Balance Sheet?
Jun 06
Does Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Have A Healthy Balance Sheet?
Jan 11Here's Why Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Can Manage Its Debt Responsibly
Sep 22We Think Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Is Taking Some Risk With Its Debt
May 12Does Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Have A Healthy Balance Sheet?
Feb 01Recent updates
Returns At Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Are On The Way Up
Nov 25Does Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Have A Healthy Balance Sheet?
Jun 06Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Shareholders Will Want The ROCE Trajectory To Continue
Feb 15Does Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Have A Healthy Balance Sheet?
Jan 11Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Is Looking To Continue Growing Its Returns On Capital
Oct 26Here's Why Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Can Manage Its Debt Responsibly
Sep 22Calculating The Intrinsic Value Of Kim Teck Cheong Consolidated Berhad (KLSE:KTC)
Aug 30Returns Are Gaining Momentum At Kim Teck Cheong Consolidated Berhad (KLSE:KTC)
Apr 05Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Might Have The Makings Of A Multi-Bagger
Aug 24We Think Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Is Taking Some Risk With Its Debt
May 12Investors Met With Slowing Returns on Capital At Kim Teck Cheong Consolidated Berhad (KLSE:KTC)
Apr 16Read This Before Judging Kim Teck Cheong Consolidated Berhad's (KLSE:KTC) ROE
Mar 20Does Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Have A Healthy Balance Sheet?
Feb 01Will Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Multiply In Value Going Forward?
Jan 03A Closer Look At Kim Teck Cheong Consolidated Berhad's (KLSE:KTC) Uninspiring ROE
Dec 13Financial Position Analysis
Short Term Liabilities: KTC's short term assets (MYR278.1M) exceed its short term liabilities (MYR159.4M).
Long Term Liabilities: KTC's short term assets (MYR278.1M) exceed its long term liabilities (MYR39.4M).
Debt to Equity History and Analysis
Debt Level: KTC's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: KTC's debt to equity ratio has reduced from 166.2% to 55.3% over the past 5 years.
Debt Coverage: KTC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KTC's interest payments on its debt are well covered by EBIT (10.7x coverage).