Wellspire Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Wellspire Holdings Berhad has a total shareholder equity of MYR61.3M and total debt of MYR41.0K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are MYR68.8M and MYR7.6M respectively. Wellspire Holdings Berhad's EBIT is MYR6.3M making its interest coverage ratio 47.3. It has cash and short-term investments of MYR33.1M.
Key information
0.07%
Debt to equity ratio
RM 41.00k
Debt
| Interest coverage ratio | 47.3x |
| Cash | RM 33.12m |
| Equity | RM 61.29m |
| Total liabilities | RM 7.56m |
| Total assets | RM 68.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WELLS's short term assets (MYR67.7M) exceed its short term liabilities (MYR3.9M).
Long Term Liabilities: WELLS's short term assets (MYR67.7M) exceed its long term liabilities (MYR3.7M).
Debt to Equity History and Analysis
Debt Level: WELLS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if WELLS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WELLS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WELLS's interest payments on its debt are well covered by EBIT (47.3x coverage).