Choo Bee Metal Industries Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Choo Bee Metal Industries Berhad has a total shareholder equity of MYR609.4M and total debt of MYR16.6M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are MYR641.5M and MYR32.2M respectively.
Key information
2.7%
Debt to equity ratio
RM 16.60m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 13.55m |
| Equity | RM 609.35m |
| Total liabilities | RM 32.18m |
| Total assets | RM 641.54m |
Recent financial health updates
Choo Bee Metal Industries Berhad (KLSE:CHOOBEE) Seems To Use Debt Rather Sparingly
Sep 30
These 4 Measures Indicate That Choo Bee Metal Industries Berhad (KLSE:CHOOBEE) Is Using Debt Reasonably Well
Oct 11Recent updates
Choo Bee Metal Industries Berhad's (KLSE:CHOOBEE) Dividend Is Being Reduced To MYR0.005
May 01Choo Bee Metal Industries Berhad (KLSE:CHOOBEE) Has Announced That Its Dividend Will Be Reduced To MYR0.025
Jul 14Choo Bee Metal Industries Berhad's (KLSE:CHOOBEE) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 28Choo Bee Metal Industries Berhad (KLSE:CHOOBEE) Seems To Use Debt Rather Sparingly
Sep 30Choo Bee Metal Industries Berhad (KLSE:CHOOBEE) Has Announced That It Will Be Increasing Its Dividend To MYR0.075
Jul 14Choo Bee Metal Industries Berhad's (KLSE:CHOOBEE) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 26Choo Bee Metal Industries Berhad (KLSE:CHOOBEE) Is Increasing Its Dividend To RM0.075
Jun 12Choo Bee Metal Industries Berhad (KLSE:CHOOBEE) Will Pay A Larger Dividend Than Last Year At RM0.075
May 02These 4 Measures Indicate That Choo Bee Metal Industries Berhad (KLSE:CHOOBEE) Is Using Debt Reasonably Well
Oct 11Investors Will Want Choo Bee Metal Industries Berhad's (KLSE:CHOOBEE) Growth In ROCE To Persist
Aug 26Returns On Capital Are Showing Encouraging Signs At Choo Bee Metal Industries Berhad (KLSE:CHOOBEE)
Apr 11Are Choo Bee Metal Industries Berhad's (KLSE:CHOOBEE) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 17
Can You Imagine How Choo Bee Metal Industries Berhad's (KLSE:CHOOBEE) Shareholders Feel About The 30% Share Price Increase?
Dec 26Choo Bee Metal Industries Berhad's (KLSE:CHOOBEE) Price Is Out Of Tune With Earnings
Nov 21Financial Position Analysis
Short Term Liabilities: CHOOBEE's short term assets (MYR356.7M) exceed its short term liabilities (MYR27.7M).
Long Term Liabilities: CHOOBEE's short term assets (MYR356.7M) exceed its long term liabilities (MYR4.5M).
Debt to Equity History and Analysis
Debt Level: CHOOBEE's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: CHOOBEE's debt to equity ratio has increased from 2% to 2.7% over the past 5 years.
Debt Coverage: CHOOBEE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CHOOBEE's interest payments on its debt are well covered by EBIT.