Greater Bay Holdings Berhad

KLSE:GBAY Stock Report

Market Cap: RM 51.7m

Greater Bay Holdings Berhad Balance Sheet Health

Financial Health criteria checks 3/6

Greater Bay Holdings Berhad has a total shareholder equity of MYR28.6M and total debt of MYR14.4M, which brings its debt-to-equity ratio to 50.2%. Its total assets and total liabilities are MYR53.3M and MYR24.7M respectively.

Key information

50.2%

Debt to equity ratio

RM 14.36m

Debt

Interest coverage ration/a
CashRM 4.71m
EquityRM 28.63m
Total liabilitiesRM 24.67m
Total assetsRM 53.30m

Recent financial health updates

No updates

Recent updates

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Financial Position Analysis

Short Term Liabilities: GBAY's short term assets (MYR17.0M) exceed its short term liabilities (MYR9.5M).

Long Term Liabilities: GBAY's short term assets (MYR17.0M) exceed its long term liabilities (MYR15.2M).


Debt to Equity History and Analysis

Debt Level: GBAY's net debt to equity ratio (33.7%) is considered satisfactory.

Reducing Debt: GBAY's debt to equity ratio has increased from 0% to 50.2% over the past 5 years.

Debt Coverage: GBAY's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: Insufficient data to determine if GBAY's interest payments on its debt are well covered by EBIT.


Balance Sheet


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