Dominant Enterprise Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Dominant Enterprise Berhad has a total shareholder equity of MYR361.0M and total debt of MYR232.6M, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are MYR665.9M and MYR305.0M respectively. Dominant Enterprise Berhad's EBIT is MYR28.2M making its interest coverage ratio 2.9. It has cash and short-term investments of MYR78.2M.
Key information
64.4%
Debt to equity ratio
RM232.58m
Debt
| Interest coverage ratio | 2.9x |
| Cash | RM78.16m |
| Equity | RM360.95m |
| Total liabilities | RM304.95m |
| Total assets | RM665.91m |
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
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 26What Do The Returns On Capital At Dominant Enterprise Berhad (KLSE:DOMINAN) Tell Us?
Aug 05There's No Escaping Dominant Enterprise Berhad's (KLSE:DOMINAN) Muted Earnings
Jul 10Financial Position Analysis
Short Term Liabilities: DOMINAN's short term assets (MYR422.7M) exceed its short term liabilities (MYR270.0M).
Long Term Liabilities: DOMINAN's short term assets (MYR422.7M) exceed its long term liabilities (MYR35.0M).
Debt to Equity History and Analysis
Debt Level: DOMINAN's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: DOMINAN's debt to equity ratio has reduced from 82.8% to 64.4% over the past 5 years.
Debt Coverage: DOMINAN's debt is well covered by operating cash flow (30%).
Interest Coverage: DOMINAN's interest payments on its debt are not well covered by EBIT (2.9x coverage).