Keck Seng (Malaysia) Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Keck Seng (Malaysia) Berhad has a total shareholder equity of MYR2.8B and total debt of MYR77.5M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are MYR3.1B and MYR270.9M respectively. Keck Seng (Malaysia) Berhad's EBIT is MYR121.3M making its interest coverage ratio -3.7. It has cash and short-term investments of MYR1.0B.
Key information
2.7%
Debt to equity ratio
RM 77.53m
Debt
| Interest coverage ratio | -3.7x |
| Cash | RM 1.01b |
| Equity | RM 2.85b |
| Total liabilities | RM 270.86m |
| Total assets | RM 3.12b |
Recent financial health updates
Does Keck Seng (Malaysia) Berhad (KLSE:KSENG) Have A Healthy Balance Sheet?
Jul 26
We Think Keck Seng (Malaysia) Berhad (KLSE:KSENG) Can Stay On Top Of Its Debt
Oct 18Does Keck Seng (Malaysia) Berhad (KLSE:KSENG) Have A Healthy Balance Sheet?
May 09Is Keck Seng (Malaysia) Berhad (KLSE:KSENG) Using Debt In A Risky Way?
Jan 23
Recent updates
We Think Some Shareholders May Hesitate To Increase Keck Seng (Malaysia) Berhad's (KLSE:KSENG) CEO Compensation
May 22Solid Earnings May Not Tell The Whole Story For Keck Seng (Malaysia) Berhad (KLSE:KSENG)
May 07Investors Still Aren't Entirely Convinced By Keck Seng (Malaysia) Berhad's (KLSE:KSENG) Earnings Despite 26% Price Jump
Jan 26Does Keck Seng (Malaysia) Berhad (KLSE:KSENG) Have A Healthy Balance Sheet?
Jul 26We Think Keck Seng (Malaysia) Berhad (KLSE:KSENG) Can Stay On Top Of Its Debt
Oct 18Does Keck Seng (Malaysia) Berhad (KLSE:KSENG) Have A Healthy Balance Sheet?
May 09What Type Of Returns Would Keck Seng (Malaysia) Berhad's(KLSE:KSENG) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 27Is Keck Seng (Malaysia) Berhad (KLSE:KSENG) Using Debt In A Risky Way?
Jan 23Is Keck Seng (Malaysia) Berhad's (KLSE:KSENG) Shareholder Ownership Skewed Towards Insiders?
Dec 19Keck Seng (Malaysia) Berhad's (KLSE:KSENG) Shareholders Are Down 29% On Their Shares
Nov 22Financial Position Analysis
Short Term Liabilities: KSENG's short term assets (MYR1.6B) exceed its short term liabilities (MYR181.8M).
Long Term Liabilities: KSENG's short term assets (MYR1.6B) exceed its long term liabilities (MYR89.0M).
Debt to Equity History and Analysis
Debt Level: KSENG has more cash than its total debt.
Reducing Debt: KSENG's debt to equity ratio has reduced from 9.4% to 2.7% over the past 5 years.
Debt Coverage: KSENG's debt is well covered by operating cash flow (232.1%).
Interest Coverage: KSENG earns more interest than it pays, so coverage of interest payments is not a concern.