Kretam Holdings Berhad

KLSE:KRETAM Stock Report

Market Cap: RM 1.4b

Kretam Holdings Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Kretam Holdings Berhad has a total shareholder equity of MYR901.4M and total debt of MYR88.5M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are MYR1.1B and MYR235.6M respectively. Kretam Holdings Berhad's EBIT is MYR117.9M making its interest coverage ratio 200.2. It has cash and short-term investments of MYR128.0M.

Key information

9.8%

Debt to equity ratio

RM 88.49m

Debt

Interest coverage ratio200.2x
CashRM 128.02m
EquityRM 901.38m
Total liabilitiesRM 235.63m
Total assetsRM 1.14b

Recent financial health updates

Recent updates

Kretam Holdings Berhad (KLSE:KRETAM) Seems To Use Debt Quite Sensibly

Nov 02
Kretam Holdings Berhad (KLSE:KRETAM) Seems To Use Debt Quite Sensibly

We Think Kretam Holdings Berhad (KLSE:KRETAM) Can Manage Its Debt With Ease

Dec 29
We Think Kretam Holdings Berhad (KLSE:KRETAM) Can Manage Its Debt With Ease

Here's Why We Think Kretam Holdings Berhad (KLSE:KRETAM) Is Well Worth Watching

Oct 20
Here's Why We Think Kretam Holdings Berhad (KLSE:KRETAM) Is Well Worth Watching

Does Kretam Holdings Berhad (KLSE:KRETAM) Have A Healthy Balance Sheet?

May 10
Does Kretam Holdings Berhad (KLSE:KRETAM) Have A Healthy Balance Sheet?

I Ran A Stock Scan For Earnings Growth And Kretam Holdings Berhad (KLSE:KRETAM) Passed With Ease

Mar 16
I Ran A Stock Scan For Earnings Growth And Kretam Holdings Berhad (KLSE:KRETAM) Passed With Ease

Kretam Holdings Berhad (KLSE:KRETAM) Investors Are Less Pessimistic Than Expected

Nov 22
Kretam Holdings Berhad (KLSE:KRETAM) Investors Are Less Pessimistic Than Expected

Returns On Capital Are Showing Encouraging Signs At Kretam Holdings Berhad (KLSE:KRETAM)

Oct 07
Returns On Capital Are Showing Encouraging Signs At Kretam Holdings Berhad (KLSE:KRETAM)

Here's Why I Think Kretam Holdings Berhad (KLSE:KRETAM) Is An Interesting Stock

Jul 28
Here's Why I Think Kretam Holdings Berhad (KLSE:KRETAM) Is An Interesting Stock

These 4 Measures Indicate That Kretam Holdings Berhad (KLSE:KRETAM) Is Using Debt Safely

May 04
These 4 Measures Indicate That Kretam Holdings Berhad (KLSE:KRETAM) Is Using Debt Safely

How Much Of Kretam Holdings Berhad (KLSE:KRETAM) Do Insiders Own?

Mar 08
How Much Of Kretam Holdings Berhad (KLSE:KRETAM) Do Insiders Own?

Introducing Kretam Holdings Berhad (KLSE:KRETAM), A Stock That Climbed 53% In The Last Year

Feb 15
Introducing Kretam Holdings Berhad (KLSE:KRETAM), A Stock That Climbed 53% In The Last Year

What Can The Trends At Kretam Holdings Berhad (KLSE:KRETAM) Tell Us About Their Returns?

Jan 28
What Can The Trends At Kretam Holdings Berhad (KLSE:KRETAM) Tell Us About Their Returns?

Does Kretam Holdings Berhad (KLSE:KRETAM) Have A Healthy Balance Sheet?

Jan 10
Does Kretam Holdings Berhad (KLSE:KRETAM) Have A Healthy Balance Sheet?

Kretam Holdings Berhad (KLSE:KRETAM) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?

Dec 22
Kretam Holdings Berhad (KLSE:KRETAM) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?

We Wouldn't Rely On Kretam Holdings Berhad's (KLSE:KRETAM) Statutory Earnings As A Guide

Dec 07
We Wouldn't Rely On Kretam Holdings Berhad's (KLSE:KRETAM) Statutory Earnings As A Guide

Here's What Kretam Holdings Berhad's (KLSE:KRETAM) Shareholder Ownership Structure Looks Like

Nov 22
Here's What Kretam Holdings Berhad's (KLSE:KRETAM) Shareholder Ownership Structure Looks Like

Financial Position Analysis

Short Term Liabilities: KRETAM's short term assets (MYR413.0M) exceed its short term liabilities (MYR121.5M).

Long Term Liabilities: KRETAM's short term assets (MYR413.0M) exceed its long term liabilities (MYR114.1M).


Debt to Equity History and Analysis

Debt Level: KRETAM has more cash than its total debt.

Reducing Debt: KRETAM's debt to equity ratio has reduced from 13.3% to 9.8% over the past 5 years.

Debt Coverage: KRETAM's debt is well covered by operating cash flow (155.3%).

Interest Coverage: KRETAM's interest payments on its debt are well covered by EBIT (200.2x coverage).


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.