B.I.G. Industries Berhad Balance Sheet Health
Financial Health criteria checks 6/6
B.I.G. Industries Berhad has a total shareholder equity of MYR45.5M and total debt of MYR210.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are MYR63.4M and MYR17.8M respectively. B.I.G. Industries Berhad's EBIT is MYR1.4M making its interest coverage ratio 14.5. It has cash and short-term investments of MYR21.3M.
Key information
0.5%
Debt to equity ratio
RM 210.00k
Debt
| Interest coverage ratio | 14.5x |
| Cash | RM 21.29m |
| Equity | RM 45.53m |
| Total liabilities | RM 17.85m |
| Total assets | RM 63.38m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BIG's short term assets (MYR40.6M) exceed its short term liabilities (MYR14.2M).
Long Term Liabilities: BIG's short term assets (MYR40.6M) exceed its long term liabilities (MYR3.6M).
Debt to Equity History and Analysis
Debt Level: BIG has more cash than its total debt.
Reducing Debt: BIG's debt to equity ratio has reduced from 11.6% to 0.5% over the past 5 years.
Debt Coverage: BIG's debt is well covered by operating cash flow (2222.8%).
Interest Coverage: BIG's interest payments on its debt are well covered by EBIT (14.5x coverage).