Spritzer Bhd Financial Health
Financial Health criteria checks 6/6
Spritzer Bhd has a total shareholder equity of MYR493.5M and total debt of MYR16.1M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are MYR601.0M and MYR107.5M respectively. Spritzer Bhd's EBIT is MYR45.7M making its interest coverage ratio 80.7. It has cash and short-term investments of MYR45.4M.
Debt to equity ratio
|Interest coverage ratio||80.7x|
Recent financial health updates
Spritzer Bhd (KLSE:SPRITZER) Has Affirmed Its Dividend Of RM0.045Jun 01
Spritzer Bhd (KLSE:SPRITZER) Has Re-Affirmed Its Dividend Of RM0.045May 01
Spritzer Bhd (KLSE:SPRITZER) Will Will Want To Turn Around Its Return TrendsMay 12
Three Things You Should Check Before Buying Spritzer Bhd (KLSE:SPRITZER) For Its DividendMar 23
What Type Of Shareholders Make Up Spritzer Bhd's (KLSE:SPRITZER) Share Registry?Mar 07
Spritzer Bhd (KLSE:SPRITZER) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?Feb 18
Will Spritzer Bhd (KLSE:SPRITZER) Multiply In Value Going Forward?Jan 28
Reflecting on Spritzer Bhd's (KLSE:SPRITZER) Share Price Returns Over The Last Three YearsJan 06
An Intrinsic Calculation For Spritzer Bhd (KLSE:SPRITZER) Suggests It's 28% UndervaluedDec 21
Is Spritzer Bhd (KLSE:SPRITZER) A Great Dividend Stock?Dec 07
Is Spritzer Bhd's (KLSE:SPRITZER) Stock Price Struggling As A Result Of Its Mixed Financials?Nov 19
Financial Position Analysis
Short Term Liabilities: SPRITZER's short term assets (MYR179.7M) exceed its short term liabilities (MYR84.9M).
Long Term Liabilities: SPRITZER's short term assets (MYR179.7M) exceed its long term liabilities (MYR22.6M).
Debt to Equity History and Analysis
Debt Level: SPRITZER has more cash than its total debt.
Reducing Debt: SPRITZER's debt to equity ratio has reduced from 3.3% to 3.3% over the past 5 years.
Debt Coverage: SPRITZER's debt is well covered by operating cash flow (253.1%).
Interest Coverage: SPRITZER's interest payments on its debt are well covered by EBIT (80.7x coverage).