Ancom Nylex Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Ancom Nylex Berhad has a total shareholder equity of MYR559.9M and total debt of MYR360.0M, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are MYR1.2B and MYR654.5M respectively. Ancom Nylex Berhad's EBIT is MYR122.7M making its interest coverage ratio 6. It has cash and short-term investments of MYR131.2M.
Key information
64.3%
Debt to equity ratio
RM 360.02m
Debt
| Interest coverage ratio | 6x |
| Cash | RM 131.16m |
| Equity | RM 559.89m |
| Total liabilities | RM 654.51m |
| Total assets | RM 1.21b |
Recent financial health updates
Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Pretty Healthy Balance Sheet
Sep 28
We Think Ancom Nylex Berhad (KLSE:ANCOMNY) Can Stay On Top Of Its Debt
Mar 17Here's Why Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Meaningful Debt Burden
Jul 27Here's Why Ancom Berhad (KLSE:ANCOM) Can Manage Its Debt Responsibly
Sep 15We Think Ancom Berhad (KLSE:ANCOM) Can Stay On Top Of Its Debt
Mar 26Is Ancom Berhad (KLSE:ANCOM) Using Too Much Debt?
Dec 11Recent updates
We Think That There Are More Issues For Ancom Nylex Berhad (KLSE:ANCOMNY) Than Just Sluggish Earnings
Oct 24Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Pretty Healthy Balance Sheet
Sep 28We Think Ancom Nylex Berhad (KLSE:ANCOMNY) Can Stay On Top Of Its Debt
Mar 17Here's Why Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Meaningful Debt Burden
Jul 27Should You Be Adding Ancom Nylex Berhad (KLSE:ANCOMNY) To Your Watchlist Today?
Apr 28Here's Why Ancom Berhad (KLSE:ANCOM) Can Manage Its Debt Responsibly
Sep 15We Think Ancom Berhad (KLSE:ANCOM) Can Stay On Top Of Its Debt
Mar 26We're Watching These Trends At Ancom Berhad (KLSE:ANCOM)
Feb 19
If You Had Bought Ancom Berhad (KLSE:ANCOM) Stock Five Years Ago, You Could Pocket A 192% Gain Today
Jan 15Is Ancom Berhad (KLSE:ANCOM) Using Too Much Debt?
Dec 11Financial Position Analysis
Short Term Liabilities: ANCOMNY's short term assets (MYR733.2M) exceed its short term liabilities (MYR537.7M).
Long Term Liabilities: ANCOMNY's short term assets (MYR733.2M) exceed its long term liabilities (MYR116.8M).
Debt to Equity History and Analysis
Debt Level: ANCOMNY's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: ANCOMNY's debt to equity ratio has reduced from 77.3% to 64.3% over the past 5 years.
Debt Coverage: ANCOMNY's debt is well covered by operating cash flow (32.5%).
Interest Coverage: ANCOMNY's interest payments on its debt are well covered by EBIT (6x coverage).