Kossan Rubber Industries Bhd Balance Sheet Health
Financial Health criteria checks 6/6
Kossan Rubber Industries Bhd has a total shareholder equity of MYR3.9B and total debt of MYR70.4M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are MYR4.3B and MYR413.0M respectively. Kossan Rubber Industries Bhd's EBIT is MYR114.5M making its interest coverage ratio -2.7. It has cash and short-term investments of MYR1.9B.
Key information
1.8%
Debt to equity ratio
RM 70.44m
Debt
| Interest coverage ratio | -2.7x |
| Cash | RM 1.87b |
| Equity | RM 3.86b |
| Total liabilities | RM 413.05m |
| Total assets | RM 4.27b |
Recent financial health updates
Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) A Risky Investment?
Sep 17
Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) Using Debt In A Risky Way?
Nov 08Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) A Risky Investment?
Mar 17Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?
Oct 06Kossan Rubber Industries Bhd (KLSE:KOSSAN) Has A Rock Solid Balance Sheet
May 18Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?
Feb 15Recent updates
Kossan Rubber Industries Bhd (KLSE:KOSSAN) Could Be Struggling To Allocate Capital
Nov 05Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) A Risky Investment?
Sep 17The Price Is Right For Kossan Rubber Industries Bhd (KLSE:KOSSAN) Even After Diving 29%
Aug 05Kossan Rubber Industries Bhd (KLSE:KOSSAN) Could Be Struggling To Allocate Capital
Jun 27Market Cool On Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Revenues
May 22Kossan Rubber Industries Bhd (KLSE:KOSSAN) Is Due To Pay A Dividend Of MYR0.02
Feb 26Optimistic Investors Push Kossan Rubber Industries Bhd (KLSE:KOSSAN) Shares Up 25% But Growth Is Lacking
Jan 08Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) Using Debt In A Risky Way?
Nov 08Kossan Rubber Industries Bhd (KLSE:KOSSAN) Analysts Just Slashed This Year's Estimates
Apr 30Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) A Risky Investment?
Mar 17Analysts Just Slashed Their Kossan Rubber Industries Bhd (KLSE:KOSSAN) EPS Numbers
Feb 17Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?
Oct 06Why The 27% Return On Capital At Kossan Rubber Industries Bhd (KLSE:KOSSAN) Should Have Your Attention
Aug 11Kossan Rubber Industries Bhd (KLSE:KOSSAN) Has A Rock Solid Balance Sheet
May 18Calculating The Fair Value Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)
Mar 09Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?
Feb 15Kossan Rubber Industries Bhd (KLSE:KOSSAN) Has A Rock Solid Balance Sheet
Nov 09Estimating The Intrinsic Value Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)
Sep 13Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Intrinsic Value Is Potentially 83% Above Its Share Price
Jun 08Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Promising Earnings May Rest On Soft Foundations
Apr 27This Just In: Analysts Are Boosting Their Kossan Rubber Industries Bhd (KLSE:KOSSAN) Outlook for This Year
Apr 25Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?
Mar 29Here's Why I Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Is An Interesting Stock
Mar 14Financial Position Analysis
Short Term Liabilities: KOSSAN's short term assets (MYR2.7B) exceed its short term liabilities (MYR287.5M).
Long Term Liabilities: KOSSAN's short term assets (MYR2.7B) exceed its long term liabilities (MYR125.6M).
Debt to Equity History and Analysis
Debt Level: KOSSAN has more cash than its total debt.
Reducing Debt: KOSSAN's debt to equity ratio has reduced from 40.3% to 1.8% over the past 5 years.
Debt Coverage: KOSSAN's debt is well covered by operating cash flow (151.4%).
Interest Coverage: KOSSAN earns more interest than it pays, so coverage of interest payments is not a concern.