Kossan Rubber Industries Bhd

KLSE:KOSSAN Stock Report

Mkt Cap: RM3.8b

Kossan Rubber Industries Bhd Financial Health

Financial Health criteria checks 6/6

Kossan Rubber Industries Bhd has a total shareholder equity of MYR3.8B and total debt of MYR36.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are MYR4.2B and MYR361.1M respectively. Kossan Rubber Industries Bhd's EBIT is MYR28.6M making its interest coverage ratio -0.7. It has cash and short-term investments of MYR2.0B.

Key information

1.0%

Debt to equity ratio

RM36.60m

Debt

Interest coverage ratio-0.7x
CashRM2.02b
EquityRM3.82b
Total liabilitiesRM361.10m
Total assetsRM4.18b

Recent financial health updates

Recent updates

Kossan Rubber Industries Bhd (KLSE:KOSSAN) Analysts Just Slashed This Year's Estimates

Apr 30
Kossan Rubber Industries Bhd (KLSE:KOSSAN) Analysts Just Slashed This Year's Estimates

Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) A Risky Investment?

Mar 17
Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) A Risky Investment?

Analysts Just Slashed Their Kossan Rubber Industries Bhd (KLSE:KOSSAN) EPS Numbers

Feb 17
Analysts Just Slashed Their Kossan Rubber Industries Bhd (KLSE:KOSSAN) EPS Numbers

Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?

Oct 06
Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?

Why The 27% Return On Capital At Kossan Rubber Industries Bhd (KLSE:KOSSAN) Should Have Your Attention

Aug 11
Why The 27% Return On Capital At Kossan Rubber Industries Bhd (KLSE:KOSSAN) Should Have Your Attention

Kossan Rubber Industries Bhd (KLSE:KOSSAN) Has A Rock Solid Balance Sheet

May 18
Kossan Rubber Industries Bhd (KLSE:KOSSAN) Has A Rock Solid Balance Sheet

Calculating The Fair Value Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)

Mar 09
Calculating The Fair Value Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)

Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?

Feb 15
Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?

Kossan Rubber Industries Bhd (KLSE:KOSSAN) Has A Rock Solid Balance Sheet

Nov 09
Kossan Rubber Industries Bhd (KLSE:KOSSAN) Has A Rock Solid Balance Sheet

Estimating The Intrinsic Value Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)

Sep 13
Estimating The Intrinsic Value Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)

Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Intrinsic Value Is Potentially 83% Above Its Share Price

Jun 08
Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Intrinsic Value Is Potentially 83% Above Its Share Price

Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Promising Earnings May Rest On Soft Foundations

Apr 27
Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Promising Earnings May Rest On Soft Foundations

This Just In: Analysts Are Boosting Their Kossan Rubber Industries Bhd (KLSE:KOSSAN) Outlook for This Year

Apr 25
This Just In: Analysts Are Boosting Their Kossan Rubber Industries Bhd (KLSE:KOSSAN) Outlook for This Year

Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?

Mar 29
Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?

Here's Why I Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Is An Interesting Stock

Mar 14
Here's Why I Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Is An Interesting Stock

Kossan Rubber Industries Bhd (KLSE:KOSSAN) Shares Could Be 35% Below Their Intrinsic Value Estimate

Feb 27
Kossan Rubber Industries Bhd (KLSE:KOSSAN) Shares Could Be 35% Below Their Intrinsic Value Estimate

Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Feb 12
Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

What Kind Of Investors Own Most Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)?

Jan 28
What Kind Of Investors Own Most Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)?

If You Had Bought Kossan Rubber Industries Bhd (KLSE:KOSSAN) Stock Three Years Ago, You Could Pocket A 117% Gain Today

Jan 13
If You Had Bought Kossan Rubber Industries Bhd (KLSE:KOSSAN) Stock Three Years Ago, You Could Pocket A 117% Gain Today

These Trends Paint A Bright Future For Kossan Rubber Industries Bhd (KLSE:KOSSAN)

Dec 29
These Trends Paint A Bright Future For Kossan Rubber Industries Bhd (KLSE:KOSSAN)

We Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Can Manage Its Debt With Ease

Dec 16
We Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Can Manage Its Debt With Ease

Here's Why We Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Is Well Worth Watching

Dec 01
Here's Why We Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Is Well Worth Watching

Are Investors Undervaluing Kossan Rubber Industries Bhd (KLSE:KOSSAN) By 30%?

Nov 18
Are Investors Undervaluing Kossan Rubber Industries Bhd (KLSE:KOSSAN) By 30%?

Kossan Rubber Industries Bhd (KLSE:KOSSAN) P/E Isn't Throwing Up Surprises

Jul 10
Kossan Rubber Industries Bhd (KLSE:KOSSAN) P/E Isn't Throwing Up Surprises

Financial Position Analysis

Short Term Liabilities: KOSSAN's short term assets (MYR2.7B) exceed its short term liabilities (MYR217.8M).

Long Term Liabilities: KOSSAN's short term assets (MYR2.7B) exceed its long term liabilities (MYR143.3M).


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 34.4% to 1% over the past 5 years.

Debt Coverage: KOSSAN's debt is well covered by operating cash flow (301.2%).

Interest Coverage: KOSSAN earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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