Kia Lim Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Kia Lim Berhad has a total shareholder equity of MYR50.9M and total debt of MYR5.8M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are MYR73.0M and MYR22.1M respectively. Kia Lim Berhad's EBIT is MYR4.1M making its interest coverage ratio 9.3. It has cash and short-term investments of MYR1.6M.
Key information
11.4%
Debt to equity ratio
RM5.81m
Debt
Interest coverage ratio | 9.3x |
Cash | RM1.63m |
Equity | RM50.94m |
Total liabilities | RM22.09m |
Total assets | RM73.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIALIM's short term assets (MYR23.9M) exceed its short term liabilities (MYR17.8M).
Long Term Liabilities: KIALIM's short term assets (MYR23.9M) exceed its long term liabilities (MYR4.3M).
Debt to Equity History and Analysis
Debt Level: KIALIM's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: KIALIM's debt to equity ratio has increased from 10.8% to 11.4% over the past 5 years.
Debt Coverage: KIALIM's debt is well covered by operating cash flow (22.3%).
Interest Coverage: KIALIM's interest payments on its debt are well covered by EBIT (9.3x coverage).