Dominant Enterprise Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Dominant Enterprise Berhad has a total shareholder equity of MYR369.6M and total debt of MYR207.2M, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are MYR666.1M and MYR296.5M respectively. Dominant Enterprise Berhad's EBIT is MYR32.3M making its interest coverage ratio 3.4. It has cash and short-term investments of MYR78.1M.
Key information
56.0%
Debt to equity ratio
RM 207.17m
Debt
| Interest coverage ratio | 3.4x |
| Cash | RM 78.07m |
| Equity | RM 369.61m |
| Total liabilities | RM 296.52m |
| Total assets | RM 666.13m |
Recent financial health updates
Is Dominant Enterprise Berhad (KLSE:DOMINAN) A Risky Investment?
Apr 06
Is Dominant Enterprise Berhad (KLSE:DOMINAN) Using Too Much Debt?
Nov 03Here's Why Dominant Enterprise Berhad (KLSE:DOMINAN) Can Manage Its Debt Responsibly
Nov 26These 4 Measures Indicate That Dominant Enterprise Berhad (KLSE:DOMINAN) Is Using Debt Reasonably Well
Aug 26Recent updates
Dominant Enterprise Berhad (KLSE:DOMINAN) Has Affirmed Its Dividend Of MYR0.01
Sep 06Dominant Enterprise Berhad (KLSE:DOMINAN) Has Announced A Dividend Of MYR0.01
Aug 23Shareholders Will Most Likely Find Dominant Enterprise Berhad's (KLSE:DOMINAN) CEO Compensation Acceptable
Aug 19Dominant Enterprise Berhad (KLSE:DOMINAN) Has Affirmed Its Dividend Of MYR0.01
Jul 22Dominant Enterprise Berhad (KLSE:DOMINAN) Is Due To Pay A Dividend Of MYR0.01
Jul 05We Think Dominant Enterprise Berhad's (KLSE:DOMINAN) Robust Earnings Are Conservative
Jun 05Dominant Enterprise Berhad (KLSE:DOMINAN) Has Affirmed Its Dividend Of MYR0.01
Mar 01Dominant Enterprise Berhad (KLSE:DOMINAN) Has Announced A Dividend Of MYR0.01
Sep 08Dominant Enterprise Berhad (KLSE:DOMINAN) Will Pay A Dividend Of MYR0.01
Sep 09Return Trends At Dominant Enterprise Berhad (KLSE:DOMINAN) Aren't Appealing
Jun 03Is Dominant Enterprise Berhad (KLSE:DOMINAN) A Risky Investment?
Apr 06Dominant Enterprise Berhad (KLSE:DOMINAN) Is Due To Pay A Dividend Of RM0.01
Feb 27Is Dominant Enterprise Berhad (KLSE:DOMINAN) Using Too Much Debt?
Nov 03Dominant Enterprise Berhad's (KLSE:DOMINAN) Upcoming Dividend Will Be Larger Than Last Year's
Sep 10Dominant Enterprise Berhad's (KLSE:DOMINAN) CEO Might Not Expect Shareholders To Be So Generous This Year
Aug 16Be Wary Of Dominant Enterprise Berhad (KLSE:DOMINAN) And Its Returns On Capital
May 15Our Take On The Returns On Capital At Dominant Enterprise Berhad (KLSE:DOMINAN)
Feb 13
Is Dominant Enterprise Berhad (KLSE:DOMINAN) A Smart Pick For Income Investors?
Jan 26How Much Is Dominant Enterprise Berhad (KLSE:DOMINAN) CEO Getting Paid?
Jan 08Does Dominant Enterprise Berhad's (KLSE:DOMINAN) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 21Here's Why Dominant Enterprise Berhad (KLSE:DOMINAN) Can Manage Its Debt Responsibly
Nov 26Here's Why We Think Dominant Enterprise Berhad's (KLSE:DOMINAN) Statutory Earnings Might Be Conservative
Sep 12These 4 Measures Indicate That Dominant Enterprise Berhad (KLSE:DOMINAN) Is Using Debt Reasonably Well
Aug 26Financial Position Analysis
Short Term Liabilities: DOMINAN's short term assets (MYR412.4M) exceed its short term liabilities (MYR256.0M).
Long Term Liabilities: DOMINAN's short term assets (MYR412.4M) exceed its long term liabilities (MYR40.5M).
Debt to Equity History and Analysis
Debt Level: DOMINAN's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: DOMINAN's debt to equity ratio has reduced from 67.3% to 56% over the past 5 years.
Debt Coverage: DOMINAN's debt is well covered by operating cash flow (28.2%).
Interest Coverage: DOMINAN's interest payments on its debt are well covered by EBIT (3.4x coverage).