Smile-Link Healthcare Global Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Smile-Link Healthcare Global Berhad has a total shareholder equity of MYR33.3M and total debt of MYR4.5M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are MYR48.1M and MYR14.7M respectively. Smile-Link Healthcare Global Berhad's EBIT is MYR1.2M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR1.3M.
Key information
13.4%
Debt to equity ratio
RM4.48m
Debt
Interest coverage ratio | 1.2x |
Cash | RM1.33m |
Equity | RM33.34m |
Total liabilities | RM14.74m |
Total assets | RM48.08m |
Financial Position Analysis
Short Term Liabilities: SMILE's short term assets (MYR19.3M) exceed its short term liabilities (MYR13.0M).
Long Term Liabilities: SMILE's short term assets (MYR19.3M) exceed its long term liabilities (MYR1.8M).
Debt to Equity History and Analysis
Debt Level: SMILE's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: SMILE's debt to equity ratio has increased from 9.8% to 13.4% over the past 5 years.
Debt Coverage: SMILE's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: SMILE's interest payments on its debt are not well covered by EBIT (1.2x coverage).