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
0%
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.