LTKM Berhad Balance Sheet Health
Financial Health criteria checks 6/6
LTKM Berhad has a total shareholder equity of MYR295.9M and total debt of MYR62.1M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are MYR387.5M and MYR91.6M respectively. LTKM Berhad's EBIT is MYR33.8M making its interest coverage ratio 20. It has cash and short-term investments of MYR61.4M.
Key information
21.0%
Debt to equity ratio
RM 62.08m
Debt
| Interest coverage ratio | 20x |
| Cash | RM 61.38m |
| Equity | RM 295.87m |
| Total liabilities | RM 91.64m |
| Total assets | RM 387.51m |
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 That There Are Some Issues For LTKM Berhad (KLSE:LTKM) Beyond Its Promising Earnings
Aug 06We 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 (MYR103.6M) exceed its short term liabilities (MYR85.6M).
Long Term Liabilities: LTKM's short term assets (MYR103.6M) exceed its long term liabilities (MYR6.1M).
Debt to Equity History and Analysis
Debt Level: LTKM's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: LTKM's debt to equity ratio has reduced from 29.7% to 21% over the past 5 years.
Debt Coverage: LTKM's debt is well covered by operating cash flow (58.8%).
Interest Coverage: LTKM's interest payments on its debt are well covered by EBIT (20x coverage).