Can-One Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Can-One Berhad has a total shareholder equity of MYR1.9B and total debt of MYR1.4B, which brings its debt-to-equity ratio to 74.1%. Its total assets and total liabilities are MYR4.5B and MYR2.6B respectively. Can-One Berhad's EBIT is MYR115.1M making its interest coverage ratio 1.7. It has cash and short-term investments of MYR387.1M.
Key information
74.1%
Debt to equity ratio
RM1.43b
Debt
Interest coverage ratio | 1.7x |
Cash | RM387.07m |
Equity | RM1.93b |
Total liabilities | RM2.55b |
Total assets | RM4.49b |
Recent financial health updates
Does Can-One Berhad (KLSE:CANONE) Have A Healthy Balance Sheet?
Dec 01Can-One Berhad (KLSE:CANONE) Use Of Debt Could Be Considered Risky
May 25Is Can-One Berhad (KLSE:CANONE) Using Debt Sensibly?
Feb 24Recent updates
Can-One Berhad (KLSE:CANONE) Is Doing The Right Things To Multiply Its Share Price
Apr 12Can-One Berhad (KLSE:CANONE) Has Announced A Dividend Of RM0.04
May 13Can-One Berhad's (KLSE:CANONE) Dividend Will Be RM0.04
Apr 29Does Can-One Berhad (KLSE:CANONE) Have A Healthy Balance Sheet?
Dec 01Can-One Berhad (KLSE:CANONE) Use Of Debt Could Be Considered Risky
May 25Is Can-One Berhad (KLSE:CANONE) Using Debt Sensibly?
Feb 24Know This Before Buying Can-One Berhad (KLSE:CANONE) For Its Dividend
Feb 01How Much Of Can-One Berhad (KLSE:CANONE) Do Insiders Own?
Jan 11A Look At The Fair Value Of Can-One Berhad (KLSE:CANONE)
Dec 21A Quick Analysis On Can-One Berhad's (KLSE:CANONE) CEO Salary
Dec 01Financial Position Analysis
Short Term Liabilities: CANONE's short term assets (MYR1.8B) exceed its short term liabilities (MYR1.4B).
Long Term Liabilities: CANONE's short term assets (MYR1.8B) exceed its long term liabilities (MYR1.1B).
Debt to Equity History and Analysis
Debt Level: CANONE's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: CANONE's debt to equity ratio has increased from 64.9% to 74.1% over the past 5 years.
Debt Coverage: CANONE's debt is well covered by operating cash flow (32.1%).
Interest Coverage: CANONE's interest payments on its debt are not well covered by EBIT (1.7x coverage).