IGB Berhad Balance Sheet Health
Financial Health criteria checks 4/6
IGB Berhad has a total shareholder equity of MYR4.4B and total debt of MYR3.6B, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are MYR8.9B and MYR4.5B respectively. IGB Berhad's EBIT is MYR682.5M making its interest coverage ratio 5.2. It has cash and short-term investments of MYR1.5B.
Key information
81.7%
Debt to equity ratio
RM 3.58b
Debt
| Interest coverage ratio | 5.2x |
| Cash | RM 1.53b |
| Equity | RM 4.39b |
| Total liabilities | RM 4.47b |
| Total assets | RM 8.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IGBB's short term assets (MYR2.4B) exceed its short term liabilities (MYR2.1B).
Long Term Liabilities: IGBB's short term assets (MYR2.4B) do not cover its long term liabilities (MYR2.4B).
Debt to Equity History and Analysis
Debt Level: IGBB's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: IGBB's debt to equity ratio has reduced from 109.1% to 81.7% over the past 5 years.
Debt Coverage: IGBB's debt is well covered by operating cash flow (25.3%).
Interest Coverage: IGBB's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:25 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
IGB Berhad is covered by 3 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 |
|---|---|
| Sharizan Rosely | CGS International |
| He Quah | DBS Vickers Research |
| Siang Tan | Public Investment Bank Berhad |