Greater Bay Holdings Berhad

KLSE:GBAY Stock Report

Market Cap: RM52.9m

Greater Bay Holdings Berhad Balance Sheet Health

Financial Health criteria checks 1/6

Greater Bay Holdings Berhad has a total shareholder equity of MYR28.6M and total debt of MYR14.1M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are MYR50.3M and MYR21.7M respectively.

Key information

49.5%

Debt to equity ratio

RM14.13m

Debt

Interest coverage ration/a
CashRM2.10m
EquityRM28.55m
Total liabilitiesRM21.71m
Total assetsRM50.27m

Recent financial health updates

No updates

Recent updates

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Financial Position Analysis

Short Term Liabilities: GBAY's short term assets (MYR13.8M) exceed its short term liabilities (MYR7.4M).

Long Term Liabilities: GBAY's short term assets (MYR13.8M) do not cover its long term liabilities (MYR14.4M).


Debt to Equity History and Analysis

Debt Level: GBAY's net debt to equity ratio (42.1%) is considered high.

Reducing Debt: GBAY's debt to equity ratio has increased from 0% to 49.5% over the past 5 years.

Debt Coverage: GBAY's debt is not well covered by operating cash flow (2.4%).

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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