Sik Cheong Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Sik Cheong Berhad has a total shareholder equity of MYR26.3M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR31.8M and MYR5.5M respectively. Sik Cheong Berhad's EBIT is MYR7.0M making its interest coverage ratio -23.9. It has cash and short-term investments of MYR6.9M.

Key information

Debt to equity ratio

RM 0

Debt

Interest coverage ratio	-23.9x
Cash	RM 6.91m
Equity	RM 26.29m
Total liabilities	RM 5.53m
Total assets	RM 31.82m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SCB's short term assets (MYR17.2M) exceed its short term liabilities (MYR5.2M).

Long Term Liabilities: SCB's short term assets (MYR17.2M) exceed its long term liabilities (MYR323.0K).

Debt to Equity History and Analysis

Debt Level: SCB is debt free.

Reducing Debt: SCB has not had any debt for past 5 years.

Debt Coverage: SCB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SCB 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)
Company Analysis	2024/12/31 10:51
End of Day Share Price	2024/12/31 00:00
Earnings	2024/03/31
Annual Earnings	2024/03/31

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 ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Sik Cheong Berhad is covered by 1 analysts. 1 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
Siao Lee	Public Investment Bank Berhad