CAB Cakaran Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
CAB Cakaran Berhad has a total shareholder equity of MYR827.3M and total debt of MYR399.9M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are MYR1.6B and MYR757.1M respectively. CAB Cakaran Berhad's EBIT is MYR212.2M making its interest coverage ratio 13.1. It has cash and short-term investments of MYR202.7M.
Key information
48.3%
Debt to equity ratio
RM399.91m
Debt
| Interest coverage ratio | 13.1x |
| Cash | RM202.74m |
| Equity | RM827.26m |
| Total liabilities | RM757.13m |
| Total assets | RM1.58b |
Recent financial health updates
Here's Why CAB Cakaran Corporation Berhad (KLSE:CAB) Is Weighed Down By Its Debt Load
May 10
Is CAB Cakaran Corporation Berhad (KLSE:CAB) Using Too Much Debt?
Dec 24
Recent updates
Returns on Capital Paint A Bright Future For CAB Cakaran Corporation Berhad (KLSE:CAB)
Apr 24Shareholders Will Probably Hold Off On Increasing CAB Cakaran Corporation Berhad's (KLSE:CAB) CEO Compensation For The Time Being
Mar 18Investors Will Want CAB Cakaran Corporation Berhad's (KLSE:CAB) Growth In ROCE To Persist
Nov 17Returns On Capital At CAB Cakaran Corporation Berhad (KLSE:CAB) Have Hit The Brakes
Mar 06Should Shareholders Reconsider CAB Cakaran Corporation Berhad's (KLSE:CAB) CEO Compensation Package?
Mar 17Here's Why CAB Cakaran Corporation Berhad (KLSE:CAB) Is Weighed Down By Its Debt Load
May 10We Think CAB Cakaran Corporation Berhad's (KLSE:CAB) CEO Compensation Package Needs To Be Put Under A Microscope
Mar 18How Much Is CAB Cakaran Corporation Berhad (KLSE:CAB) CEO Getting Paid?
Jan 29Is CAB Cakaran Corporation Berhad (KLSE:CAB) Using Too Much Debt?
Dec 24Financial Position Analysis
Short Term Liabilities: CAB's short term assets (MYR695.5M) exceed its short term liabilities (MYR519.0M).
Long Term Liabilities: CAB's short term assets (MYR695.5M) exceed its long term liabilities (MYR238.1M).
Debt to Equity History and Analysis
Debt Level: CAB's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: CAB's debt to equity ratio has reduced from 64.1% to 48.3% over the past 5 years.
Debt Coverage: CAB's debt is well covered by operating cash flow (49.6%).
Interest Coverage: CAB's interest payments on its debt are well covered by EBIT (13.1x coverage).