Comfort Gloves Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Comfort Gloves Berhad has a total shareholder equity of MYR826.0M and total debt of MYR58.2M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are MYR950.8M and MYR124.8M respectively.
Key information
7.0%
Debt to equity ratio
RM 58.23m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 197.06m |
| Equity | RM 826.05m |
| Total liabilities | RM 124.78m |
| Total assets | RM 950.82m |
Recent financial health updates
Is Comfort Gloves Berhad (KLSE:COMFORT) Using Debt Sensibly?
Apr 04
Does Comfort Gloves Berhad (KLSE:COMFORT) Have A Healthy Balance Sheet?
Nov 20Is Comfort Gloves Berhad (KLSE:COMFORT) Using Debt Sensibly?
Mar 21Does Comfort Gloves Berhad (KLSE:COMFORT) Have A Healthy Balance Sheet?
Feb 14We Think Comfort Gloves Berhad (KLSE:COMFORT) Can Stay On Top Of Its Debt
May 18Is Comfort Gloves Berhad (KLSE:COMFORT) A Risky Investment?
Feb 11
Recent updates
Comfort Gloves Berhad's (KLSE:COMFORT) Revenues Are Not Doing Enough For Some Investors
Nov 06Lacklustre Performance Is Driving Comfort Gloves Berhad's (KLSE:COMFORT) Low P/S
May 22Is Comfort Gloves Berhad (KLSE:COMFORT) Using Debt Sensibly?
Apr 04There's No Escaping Comfort Gloves Berhad's (KLSE:COMFORT) Muted Revenues Despite A 41% Share Price Rise
Dec 18Does Comfort Gloves Berhad (KLSE:COMFORT) Have A Healthy Balance Sheet?
Nov 20Is Comfort Gloves Berhad (KLSE:COMFORT) Using Debt Sensibly?
Mar 21Does Comfort Gloves Berhad (KLSE:COMFORT) Have A Healthy Balance Sheet?
Feb 14Does Comfort Gloves Berhad (KLSE:COMFORT) Deserve A Spot On Your Watchlist?
Dec 14Should You Be Adding Comfort Gloves Berhad (KLSE:COMFORT) To Your Watchlist Today?
Jul 21We Think Comfort Gloves Berhad (KLSE:COMFORT) Can Stay On Top Of Its Debt
May 18Is Now An Opportune Moment To Examine Comfort Gloves Berhad (KLSE:COMFORT)?
Apr 09Comfort Gloves Berhad's (KLSE:COMFORT) Solid Profits Have Weak Fundamentals
Mar 22What Kind Of Shareholders Hold The Majority In Comfort Gloves Berhad's (KLSE:COMFORT) Shares?
Mar 13The Comfort Gloves Berhad (KLSE:COMFORT) Share Price Is Up 175% And Shareholders Are Boasting About It
Feb 26Is Comfort Gloves Berhad (KLSE:COMFORT) A Risky Investment?
Feb 11Comfort Gloves Berhad's (KLSE:COMFORT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 27Here's Why We Think Comfort Gloves Berhad (KLSE:COMFORT) Is Well Worth Watching
Jan 12These Trends Paint A Bright Future For Comfort Gloves Berhad (KLSE:COMFORT)
Dec 28What Does Comfort Gloves Berhad's (KLSE:COMFORT) Share Price Indicate?
Dec 15How Much Of Comfort Gloves Berhad (KLSE:COMFORT) Do Insiders Own?
Nov 25Financial Position Analysis
Short Term Liabilities: COMFORT's short term assets (MYR473.7M) exceed its short term liabilities (MYR113.0M).
Long Term Liabilities: COMFORT's short term assets (MYR473.7M) exceed its long term liabilities (MYR11.8M).
Debt to Equity History and Analysis
Debt Level: COMFORT has more cash than its total debt.
Reducing Debt: COMFORT's debt to equity ratio has reduced from 30% to 7% over the past 5 years.
Debt Coverage: COMFORT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if COMFORT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 10:44 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Comfort Gloves Berhad is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jia Lim | RHB Investment Bank |