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 MYR121.7M, which brings its debt-to-equity ratio to 111.6%. Its total assets and total liabilities are MYR283.1M and MYR174.0M respectively.
Key information
111.6%
Debt to equity ratio
RM121.69m
Debt
Interest coverage ratio | n/a |
Cash | RM40.77m |
Equity | RM109.06m |
Total liabilities | RM173.99m |
Total assets | RM283.05m |
Recent financial health updates
K. Seng Seng Corporation Berhad (KLSE:KSSC) Seems To Be Using A Lot Of Debt
May 18K. Seng Seng Corporation Berhad (KLSE:KSSC) Takes On Some Risk With Its Use Of Debt
Oct 04Is K. Seng Seng Corporation Berhad (KLSE:KSSC) A Risky Investment?
Nov 11Is K. Seng Seng Corporation Berhad (KLSE:KSSC) A Risky Investment?
Jul 19Does K. Seng Seng Corporation Berhad (KLSE:KSSC) Have A Healthy Balance Sheet?
Jan 12Recent updates
K. Seng Seng Corporation Berhad (KLSE:KSSC) Seems To Be Using A Lot Of Debt
May 18Is Now The Time To Put K. Seng Seng Corporation Berhad (KLSE:KSSC) On Your Watchlist?
Jan 12Returns Are Gaining Momentum At K. Seng Seng Corporation Berhad (KLSE:KSSC)
Dec 15There's No Escaping K. Seng Seng Corporation Berhad's (KLSE:KSSC) Muted Earnings Despite A 29% Share Price Rise
Nov 01K. Seng Seng Corporation Berhad (KLSE:KSSC) Takes On Some Risk With Its Use Of Debt
Oct 04We Ran A Stock Scan For Earnings Growth And K. Seng Seng Corporation Berhad (KLSE:KSSC) Passed With Ease
Aug 29Is K. Seng Seng Corporation Berhad (KLSE:KSSC) A Risky Investment?
Nov 11Is K. Seng Seng Corporation Berhad (KLSE:KSSC) A Risky Investment?
Jul 19There's Been No Shortage Of Growth Recently For K. Seng Seng Corporation Berhad's (KLSE:KSSC) Returns On Capital
May 27Does K. Seng Seng Corporation Berhad (KLSE:KSSC) Have A Healthy Balance Sheet?
Jan 12These Metrics Don't Make K. Seng Seng Corporation Berhad (KLSE:KSSC) Look Too Strong
Nov 20Financial Position Analysis
Short Term Liabilities: KSSC's short term assets (MYR243.4M) exceed its short term liabilities (MYR151.7M).
Long Term Liabilities: KSSC's short term assets (MYR243.4M) exceed its long term liabilities (MYR22.3M).
Debt to Equity History and Analysis
Debt Level: KSSC's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: KSSC's debt to equity ratio has increased from 37.2% to 111.6% 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.