Steel Hawk Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Steel Hawk Berhad has a total shareholder equity of MYR14.9M and total debt of MYR10.5M, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are MYR42.3M and MYR27.4M respectively. Steel Hawk Berhad's EBIT is MYR8.6M making its interest coverage ratio 19.4. It has cash and short-term investments of MYR12.4M.
Key information
70.5%
Debt to equity ratio
RM10.53m
Debt
| Interest coverage ratio | 19.4x |
| Cash | RM12.44m |
| Equity | RM14.94m |
| Total liabilities | RM27.38m |
| Total assets | RM42.32m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SKHAWK's short term assets (MYR38.9M) exceed its short term liabilities (MYR24.0M).
Long Term Liabilities: SKHAWK's short term assets (MYR38.9M) exceed its long term liabilities (MYR3.3M).
Debt to Equity History and Analysis
Debt Level: SKHAWK has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SKHAWK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SKHAWK's debt is well covered by operating cash flow (26.8%).
Interest Coverage: SKHAWK's interest payments on its debt are well covered by EBIT (19.4x coverage).