Concrete Engineering Products Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Concrete Engineering Products Berhad has a total shareholder equity of MYR61.4M and total debt of MYR10.8M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are MYR129.2M and MYR67.7M respectively. Concrete Engineering Products Berhad's EBIT is MYR6.4M making its interest coverage ratio 11.6. It has cash and short-term investments of MYR2.5M.
Key information
17.6%
Debt to equity ratio
RM10.80m
Debt
| Interest coverage ratio | 11.6x |
| Cash | RM2.54m |
| Equity | RM61.44m |
| Total liabilities | RM67.72m |
| Total assets | RM129.17m |
Recent financial health updates
Is Concrete Engineering Products Berhad (KLSE:CEPCO) A Risky Investment?
May 21
Would Concrete Engineering Products Berhad (KLSE:CEPCO) Be Better Off With Less Debt?
Jan 04Is Concrete Engineering Products Berhad (KLSE:CEPCO) A Risky Investment?
Sep 06Is Concrete Engineering Products Berhad (KLSE:CEPCO) A Risky Investment?
Apr 29Is Concrete Engineering Products Berhad (KLSE:CEPCO) Using Too Much Debt?
Jan 11Recent updates
Concrete Engineering Products Berhad (KLSE:CEPCO) Shareholders Will Want The ROCE Trajectory To Continue
Apr 26Is Concrete Engineering Products Berhad (KLSE:CEPCO) A Risky Investment?
May 21Increases to CEO Compensation Might Be Put On Hold For Now at Concrete Engineering Products Berhad (KLSE:CEPCO)
Jan 05Would Concrete Engineering Products Berhad (KLSE:CEPCO) Be Better Off With Less Debt?
Jan 04Is Concrete Engineering Products Berhad (KLSE:CEPCO) A Risky Investment?
Sep 06Is Concrete Engineering Products Berhad (KLSE:CEPCO) A Risky Investment?
Apr 29Is Concrete Engineering Products Berhad (KLSE:CEPCO) Using Too Much Debt?
Jan 11Financial Position Analysis
Short Term Liabilities: CEPCO's short term assets (MYR51.8M) do not cover its short term liabilities (MYR67.1M).
Long Term Liabilities: CEPCO's short term assets (MYR51.8M) exceed its long term liabilities (MYR614.0K).
Debt to Equity History and Analysis
Debt Level: CEPCO's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: CEPCO's debt to equity ratio has reduced from 37.7% to 17.6% over the past 5 years.
Debt Coverage: CEPCO's debt is well covered by operating cash flow (139.1%).
Interest Coverage: CEPCO's interest payments on its debt are well covered by EBIT (11.6x coverage).