Bright Packaging Industry Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Bright Packaging Industry Berhad has a total shareholder equity of MYR123.7M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR132.4M and MYR8.7M respectively. Bright Packaging Industry Berhad's EBIT is MYR1.1M making its interest coverage ratio -0.8. It has cash and short-term investments of MYR52.3M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | -0.8x |
| Cash | RM 52.27m |
| Equity | RM 123.68m |
| Total liabilities | RM 8.69m |
| Total assets | RM 132.36m |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Bright Packaging Industry Berhad (KLSE:BRIGHT) Is Unlikely
Oct 11
Bright Packaging Industry Berhad (KLSE:BRIGHT) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
May 21Bright Packaging Industry Berhad's (KLSE:BRIGHT) Solid Profits Have Weak Fundamentals
Nov 02Subdued Growth No Barrier To Bright Packaging Industry Berhad's (KLSE:BRIGHT) Price
Aug 01A Look At The Intrinsic Value Of Bright Packaging Industry Berhad (KLSE:BRIGHT)
Nov 29Financial Position Analysis
Short Term Liabilities: BRIGHT's short term assets (MYR80.3M) exceed its short term liabilities (MYR6.8M).
Long Term Liabilities: BRIGHT's short term assets (MYR80.3M) exceed its long term liabilities (MYR1.9M).
Debt to Equity History and Analysis
Debt Level: BRIGHT is debt free.
Reducing Debt: BRIGHT has not had any debt for past 5 years.
Debt Coverage: BRIGHT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BRIGHT has no debt, therefore coverage of interest payments is not a concern.