Ancom Nylex Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Ancom Nylex Berhad has a total shareholder equity of MYR578.8M and total debt of MYR331.9M, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are MYR1.2B and MYR600.1M respectively. Ancom Nylex Berhad's EBIT is MYR126.3M making its interest coverage ratio 5.9. It has cash and short-term investments of MYR141.9M.
Key information
57.3%
Debt to equity ratio
RM331.87m
Debt
Interest coverage ratio | 5.9x |
Cash | RM141.93m |
Equity | RM578.81m |
Total liabilities | RM600.11m |
Total assets | RM1.18b |
Recent financial health updates
Ancom 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 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
Ancom 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 19If 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 (MYR733.3M) exceed its short term liabilities (MYR527.4M).
Long Term Liabilities: ANCOMNY's short term assets (MYR733.3M) exceed its long term liabilities (MYR72.7M).
Debt to Equity History and Analysis
Debt Level: ANCOMNY's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: ANCOMNY's debt to equity ratio has reduced from 82.1% to 57.3% over the past 5 years.
Debt Coverage: ANCOMNY's debt is well covered by operating cash flow (47.3%).
Interest Coverage: ANCOMNY's interest payments on its debt are well covered by EBIT (5.9x coverage).