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 |
| Cash | RM2.02b |
| Equity | RM3.82b |
| Total liabilities | RM361.10m |
| Total assets | RM4.18b |
Recent financial health updates
Is Kossan Rubber Industries Bhd (KLSE:KOSSAN) A Risky Investment?
Mar 17
Does 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 15Kossan Rubber Industries Bhd (KLSE:KOSSAN) Has A Rock Solid Balance Sheet
Nov 09Does Kossan Rubber Industries Bhd (KLSE:KOSSAN) Have A Healthy Balance Sheet?
Mar 29Recent updates
Kossan 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 14Kossan Rubber Industries Bhd (KLSE:KOSSAN) Shares Could Be 35% Below Their Intrinsic Value Estimate
Feb 27Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 12What Kind Of Investors Own Most Of Kossan Rubber Industries Bhd (KLSE:KOSSAN)?
Jan 28If You Had Bought Kossan Rubber Industries Bhd (KLSE:KOSSAN) Stock Three Years Ago, You Could Pocket A 117% Gain Today
Jan 13
These Trends Paint A Bright Future For Kossan Rubber Industries Bhd (KLSE:KOSSAN)
Dec 29We Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Can Manage Its Debt With Ease
Dec 16Here's Why We Think Kossan Rubber Industries Bhd (KLSE:KOSSAN) Is Well Worth Watching
Dec 01Are Investors Undervaluing Kossan Rubber Industries Bhd (KLSE:KOSSAN) By 30%?
Nov 18Kossan Rubber Industries Bhd (KLSE:KOSSAN) P/E Isn't Throwing Up Surprises
Jul 10Financial 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.