Apex Equity Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Apex Equity Holdings Berhad has a total shareholder equity of MYR328.7M and total debt of MYR4.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are MYR373.8M and MYR45.1M respectively.
Key information
1.2%
Debt to equity ratio
RM4.01m
Debt
Interest coverage ratio | n/a |
Cash | RM51.84m |
Equity | RM328.71m |
Total liabilities | RM45.06m |
Total assets | RM373.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APEX's short term assets (MYR319.8M) exceed its short term liabilities (MYR43.8M).
Long Term Liabilities: APEX's short term assets (MYR319.8M) exceed its long term liabilities (MYR1.3M).
Debt to Equity History and Analysis
Debt Level: APEX has more cash than its total debt.
Reducing Debt: APEX's debt to equity ratio has reduced from 1.7% to 1.2% over the past 5 years.
Debt Coverage: APEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if APEX's interest payments on its debt are well covered by EBIT.