SaudiGold Group Berhad Balance Sheet Health

Financial Health criteria checks 6/6

SaudiGold Group Berhad has a total shareholder equity of MYR140.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR157.5M and MYR17.4M respectively.

Key information

Debt to equity ratio

RM 0

Debt

Interest coverage ratio	n/a
Cash	RM 30.25m
Equity	RM 140.12m
Total liabilities	RM 17.41m
Total assets	RM 157.53m

Recent financial health updates

Here's Why Saudee Group Berhad (KLSE:SAUDEE) Has A Meaningful Debt Burden

Apr 07

Is Saudee Group Berhad (KLSE:SAUDEE) Using Too Much Debt?

Dec 23

Recent updates

There's No Escaping Saudee Group Berhad's (KLSE:SAUDEE) Muted Revenues Despite A 33% Share Price Rise

Sep 12

Revenues Working Against Saudee Group Berhad's (KLSE:SAUDEE) Share Price Following 33% Dive

Jul 15

Saudee Group Berhad (KLSE:SAUDEE) Stock Catapults 50% Though Its Price And Business Still Lag The Industry

May 27

Saudee Group Berhad (KLSE:SAUDEE) Not Doing Enough For Some Investors As Its Shares Slump 33%

Mar 11

A Piece Of The Puzzle Missing From Saudee Group Berhad's (KLSE:SAUDEE) Share Price

Dec 27

Financial Position Analysis

Short Term Liabilities: SG's short term assets (MYR68.0M) exceed its short term liabilities (MYR15.6M).

Long Term Liabilities: SG's short term assets (MYR68.0M) exceed its long term liabilities (MYR1.8M).

Debt to Equity History and Analysis

Debt Level: SG is debt free.

Reducing Debt: SG has no debt compared to 5 years ago when its debt to equity ratio was 49.1%.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SG has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 29.5% each year.

SaudiGold Group Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Here's Why Saudee Group Berhad (KLSE:SAUDEE) Has A Meaningful Debt Burden

Is Saudee Group Berhad (KLSE:SAUDEE) Using Too Much Debt?

Recent updates

Full year 2024 earnings released: RM0.004 loss per share (vs RM0.007 loss in FY 2023)

There's No Escaping Saudee Group Berhad's (KLSE:SAUDEE) Muted Revenues Despite A 33% Share Price Rise

Revenues Working Against Saudee Group Berhad's (KLSE:SAUDEE) Share Price Following 33% Dive

Third quarter 2024 earnings released: RM0.001 loss per share (vs RM0 in 3Q 2023)

Saudee Group Berhad (KLSE:SAUDEE) Stock Catapults 50% Though Its Price And Business Still Lag The Industry

Second quarter 2024 earnings released: EPS: RM0 (vs RM0.001 in 2Q 2023)

Saudee Group Berhad (KLSE:SAUDEE) Not Doing Enough For Some Investors As Its Shares Slump 33%

Saudee Group Berhad Announces Resignation of Mr. Patrick Ting as Chief Executive Officer

A Piece Of The Puzzle Missing From Saudee Group Berhad's (KLSE:SAUDEE) Share Price

High number of new and inexperienced directors

Saudee Group Berhad, Annual General Meeting, Jan 10, 2024

Full year 2023 earnings released: RM0.006 loss per share (vs RM0.005 loss in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0 in 3Q 2022)

Saudee Group Berhad Announces Appointment of Wong Yuet Chyn as Joint Secretary

Saudee Group Berhad (KLSE:SAUDEE) Doing What It Can To Lift Shares

High number of new and inexperienced directors

Saudee Group Berhad Appoints Dato Arjunaidi Bin Mohamed as Chairman, Independent and Non Executive

Saudee Group Berhad Announces the Resignation of Lim Kim Teck as Company Secretary

First quarter 2023 earnings released: EPS: RM0.002 (vs RM0.002 in 1Q 2022)

High number of new and inexperienced directors

Saudee Group Berhad Appoints Miss. Ong Poh Lin Abdullah as Independent and Non Executive Director

Full year 2022 earnings released: RM0.005 loss per share (vs RM0.015 loss in FY 2021)

Third quarter 2022 earnings released: EPS: RM0 (vs RM0 in 3Q 2021)

Saudee Group Berhad Appoints Patrick Ting as Chief Executive Officer

High number of new and inexperienced directors

Second quarter 2022 earnings released: EPS: RM0.003 (vs RM0.001 in 2Q 2021)

High number of new and inexperienced directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: RM0.016 loss per share (vs RM0.22 loss in FY 2020)

Director Siew Mak has joined 5th company board

Independent & Non Executive Director Loong Chong has left the company

Saudee Group Berhad has completed a Follow-on Equity Offering in the amount of MYR 71.223018 million.

Here's Why Saudee Group Berhad (KLSE:SAUDEE) Has A Meaningful Debt Burden

Second quarter 2021 earnings released: EPS RM0.001 (vs RM0.061 loss in 2Q 2020)

New 90-day high: RM0.54

MD & Executive Director has left the company

New 90-day low: RM0.41

Saudee Group Berhad Announces the Cessation of Tan Khang Khim as Executive Member of Risk Committee, Effective January 31, 2021

First quarter 2021 earnings released: EPS RM0.002

Is Saudee Group Berhad (KLSE:SAUDEE) Using Too Much Debt?

Full year 2020 earnings released: RM0.22 loss per share

Saudee Group Berhad, Annual General Meeting, Dec 21, 2020

Saudee Group Berhad Announces Management Changes

Focus Dynamics Group Berhad Signs a Heads of Agreement with Saudee Group Berhad

Full year earnings released - RM0.22 loss per share

Saudee Group Berhad has completed a Follow-on Equity Offering in the amount of MYR 7.109191 million.

Asiabio Capital Sdn. Bhd. acquired a 21.51% stake in Saudee Group Berhad (KLSE:SAUDEE) for MYR 12.6 million.

New 90-day high - RM0.46

Saudee Group Berhad (KLSE:SAUDEE) entered into heads of agreement tot acquire KK Fresh Sdn Bhd from Tan Hwa Sing for MYR 9.4 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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