LTKM Berhad Balance Sheet Health
Financial Health criteria checks 6/6
LTKM Berhad has a total shareholder equity of MYR278.5M and total debt of MYR68.2M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are MYR385.5M and MYR107.0M respectively. LTKM Berhad's EBIT is MYR31.2M making its interest coverage ratio 12.4. It has cash and short-term investments of MYR94.4M.
Key information
24.5%
Debt to equity ratio
RM68.19m
Debt
| Interest coverage ratio | 12.4x |
| Cash | RM94.35m |
| Equity | RM278.50m |
| Total liabilities | RM107.02m |
| Total assets | RM385.52m |
Recent financial health updates
We Think LTKM Berhad (KLSE:LTKM) Can Manage Its Debt With Ease
Apr 08
Is LTKM Berhad (KLSE:LTKM) Using Too Much Debt?
Oct 05Would LTKM Berhad (KLSE:LTKM) Be Better Off With Less Debt?
Apr 04Here's Why LTKM Berhad (KLSE:LTKM) Can Afford Some Debt
Jul 26Recent updates
We Think LTKM Berhad (KLSE:LTKM) Can Manage Its Debt With Ease
Apr 08LTKM Berhad's (KLSE:LTKM) Subdued P/S Might Signal An Opportunity
Feb 21Is LTKM Berhad (KLSE:LTKM) Using Too Much Debt?
Oct 05Would LTKM Berhad (KLSE:LTKM) Be Better Off With Less Debt?
Apr 04Here's Why LTKM Berhad (KLSE:LTKM) Can Afford Some Debt
Jul 26Financial Position Analysis
Short Term Liabilities: LTKM's short term assets (MYR141.4M) exceed its short term liabilities (MYR79.4M).
Long Term Liabilities: LTKM's short term assets (MYR141.4M) exceed its long term liabilities (MYR27.7M).
Debt to Equity History and Analysis
Debt Level: LTKM has more cash than its total debt.
Reducing Debt: LTKM's debt to equity ratio has reduced from 33.2% to 24.5% over the past 5 years.
Debt Coverage: LTKM's debt is well covered by operating cash flow (84.4%).
Interest Coverage: LTKM's interest payments on its debt are well covered by EBIT (12.4x coverage).