Alcom Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Alcom Group Berhad has a total shareholder equity of MYR242.5M and total debt of MYR168.7M, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are MYR465.8M and MYR223.3M respectively. Alcom Group Berhad's EBIT is MYR32.1M making its interest coverage ratio 3.5. It has cash and short-term investments of MYR149.1M.
Key information
69.6%
Debt to equity ratio
RM168.71m
Debt
| Interest coverage ratio | 3.5x |
| Cash | RM149.10m |
| Equity | RM242.45m |
| Total liabilities | RM223.33m |
| Total assets | RM465.78m |
Recent financial health updates
Alcom Group Berhad (KLSE:ALCOM) Has A Somewhat Strained Balance Sheet
Jun 02
Alcom Group Berhad (KLSE:ALCOM) Takes On Some Risk With Its Use Of Debt
Oct 11These 4 Measures Indicate That Alcom Group Berhad (KLSE:ALCOM) Is Using Debt In A Risky Way
Apr 28Is Alcom Group Berhad (KLSE:ALCOM) A Risky Investment?
Dec 31Recent updates
Alcom Group Berhad (KLSE:ALCOM) Has Announced A Dividend Of MYR0.025
Apr 28Alcom Group Berhad (KLSE:ALCOM) Has A Somewhat Strained Balance Sheet
Jun 02We Think That There Are Issues Underlying Alcom Group Berhad's (KLSE:ALCOM) Earnings
Feb 28Alcom Group Berhad (KLSE:ALCOM) Takes On Some Risk With Its Use Of Debt
Oct 11Alcom Group Berhad (KLSE:ALCOM) Might Have The Makings Of A Multi-Bagger
Sep 01These 4 Measures Indicate That Alcom Group Berhad (KLSE:ALCOM) Is Using Debt In A Risky Way
Apr 28Earnings Not Telling The Story For Alcom Group Berhad (KLSE:ALCOM) After Shares Rise 27%
Mar 21What We Make Of Alcom Group Berhad's (KLSE:ALCOM) Returns On Capital
Feb 21Is Alcom Group Berhad (KLSE:ALCOM) A Risky Investment?
Dec 31Financial Position Analysis
Short Term Liabilities: ALCOM's short term assets (MYR354.4M) exceed its short term liabilities (MYR186.7M).
Long Term Liabilities: ALCOM's short term assets (MYR354.4M) exceed its long term liabilities (MYR36.6M).
Debt to Equity History and Analysis
Debt Level: ALCOM's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: ALCOM's debt to equity ratio has reduced from 119.5% to 69.6% over the past 5 years.
Debt Coverage: ALCOM's debt is well covered by operating cash flow (34.3%).
Interest Coverage: ALCOM's interest payments on its debt are well covered by EBIT (3.5x coverage).