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 MYR41.2M and total debt of MYR552.0K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are MYR57.6M and MYR16.3M respectively. B.I.G. Industries Berhad's EBIT is MYR1.4M making its interest coverage ratio 7.2. It has cash and short-term investments of MYR15.9M.
Key information
1.3%
Debt to equity ratio
RM552.00k
Debt
Interest coverage ratio | 7.2x |
Cash | RM15.89m |
Equity | RM41.25m |
Total liabilities | RM16.35m |
Total assets | RM57.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BIG's short term assets (MYR34.5M) exceed its short term liabilities (MYR12.7M).
Long Term Liabilities: BIG's short term assets (MYR34.5M) exceed its long term liabilities (MYR3.7M).
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 20.8% to 1.3% over the past 5 years.
Debt Coverage: BIG's debt is well covered by operating cash flow (548.8%).
Interest Coverage: BIG's interest payments on its debt are well covered by EBIT (7.2x coverage).