K. Seng Seng Corporation Berhad

KLSE:KSSC Stock Report

Market Cap: RM157.8m

K. Seng Seng Corporation Berhad Balance Sheet Health

Financial Health criteria checks 2/6

K. Seng Seng Berhad has a total shareholder equity of MYR109.1M and total debt of MYR130.7M, which brings its debt-to-equity ratio to 119.8%. Its total assets and total liabilities are MYR287.5M and MYR178.4M respectively.

Key information

119.8%

Debt to equity ratio

RM130.65m

Debt

Interest coverage ration/a
CashRM41.27m
EquityRM109.06m
Total liabilitiesRM178.42m
Total assetsRM287.48m

Recent financial health updates

Recent updates

Market Cool On K. Seng Seng Corporation Berhad's (KLSE:KSSC) Revenues

Apr 26
Market Cool On K. Seng Seng Corporation Berhad's (KLSE:KSSC) Revenues

K. Seng Seng Corporation Berhad (KLSE:KSSC) Seems To Be Using A Lot Of Debt

May 18
K. Seng Seng Corporation Berhad (KLSE:KSSC) Seems To Be Using A Lot Of Debt

Is Now The Time To Put K. Seng Seng Corporation Berhad (KLSE:KSSC) On Your Watchlist?

Jan 12
Is Now The Time To Put K. Seng Seng Corporation Berhad (KLSE:KSSC) On Your Watchlist?

Returns Are Gaining Momentum At K. Seng Seng Corporation Berhad (KLSE:KSSC)

Dec 15
Returns Are Gaining Momentum At K. Seng Seng Corporation Berhad (KLSE:KSSC)

There's No Escaping K. Seng Seng Corporation Berhad's (KLSE:KSSC) Muted Earnings Despite A 29% Share Price Rise

Nov 01
There's No Escaping K. Seng Seng Corporation Berhad's (KLSE:KSSC) Muted Earnings Despite A 29% Share Price Rise

K. Seng Seng Corporation Berhad (KLSE:KSSC) Takes On Some Risk With Its Use Of Debt

Oct 04
K. Seng Seng Corporation Berhad (KLSE:KSSC) Takes On Some Risk With Its Use Of Debt

We Ran A Stock Scan For Earnings Growth And K. Seng Seng Corporation Berhad (KLSE:KSSC) Passed With Ease

Aug 29
We Ran A Stock Scan For Earnings Growth And K. Seng Seng Corporation Berhad (KLSE:KSSC) Passed With Ease

Is K. Seng Seng Corporation Berhad (KLSE:KSSC) A Risky Investment?

Nov 11
Is K. Seng Seng Corporation Berhad (KLSE:KSSC) A Risky Investment?

Is K. Seng Seng Corporation Berhad (KLSE:KSSC) A Risky Investment?

Jul 19
Is K. Seng Seng Corporation Berhad (KLSE:KSSC) A Risky Investment?

There's Been No Shortage Of Growth Recently For K. Seng Seng Corporation Berhad's (KLSE:KSSC) Returns On Capital

May 27
There's Been No Shortage Of Growth Recently For K. Seng Seng Corporation Berhad's (KLSE:KSSC) Returns On Capital

Does K. Seng Seng Corporation Berhad (KLSE:KSSC) Have A Healthy Balance Sheet?

Jan 12
Does K. Seng Seng Corporation Berhad (KLSE:KSSC) Have A Healthy Balance Sheet?

These Metrics Don't Make K. Seng Seng Corporation Berhad (KLSE:KSSC) Look Too Strong

Nov 20
These Metrics Don't Make K. Seng Seng Corporation Berhad (KLSE:KSSC) Look Too Strong

Financial Position Analysis

Short Term Liabilities: KSSC's short term assets (MYR247.0M) exceed its short term liabilities (MYR155.4M).

Long Term Liabilities: KSSC's short term assets (MYR247.0M) exceed its long term liabilities (MYR23.1M).


Debt to Equity History and Analysis

Debt Level: KSSC's net debt to equity ratio (82%) is considered high.

Reducing Debt: KSSC's debt to equity ratio has increased from 37.2% to 119.8% over the past 5 years.

Debt Coverage: KSSC's operating cash flow is negative, therefore debt is not well covered.

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


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.