LB Aluminium Berhad Balance Sheet Health
Financial Health criteria checks 3/6
LB Aluminium Berhad has a total shareholder equity of MYR427.9M and total debt of MYR284.1M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are MYR992.0M and MYR564.0M respectively. LB Aluminium Berhad's EBIT is MYR65.8M making its interest coverage ratio 10.2. It has cash and short-term investments of MYR53.1M.
Key information
66.4%
Debt to equity ratio
RM 284.13m
Debt
| Interest coverage ratio | 10.2x |
| Cash | RM 53.09m |
| Equity | RM 427.93m |
| Total liabilities | RM 564.03m |
| Total assets | RM 991.95m |
Recent financial health updates
Is LB Aluminium Berhad (KLSE:LBALUM) Using Too Much Debt?
Aug 06
Does LB Aluminium Berhad (KLSE:LBALUM) Have A Healthy Balance Sheet?
Oct 04LB Aluminium Berhad (KLSE:LBALUM) Has A Somewhat Strained Balance Sheet
Jun 17Is LB Aluminium Berhad (KLSE:LBALUM) A Risky Investment?
Nov 29These 4 Measures Indicate That LB Aluminium Berhad (KLSE:LBALUM) Is Using Debt Extensively
Feb 23Here's Why LB Aluminium Berhad (KLSE:LBALUM) Is Weighed Down By Its Debt Load
Nov 24Recent updates
Shareholders May Find It Hard To Justify A Pay Rise For LB Aluminium Berhad's (KLSE:LBALUM) CEO This Year
Sep 18Is LB Aluminium Berhad (KLSE:LBALUM) Using Too Much Debt?
Aug 06We Like These Underlying Return On Capital Trends At LB Aluminium Berhad (KLSE:LBALUM)
Oct 03If EPS Growth Is Important To You, LB Aluminium Berhad (KLSE:LBALUM) Presents An Opportunity
Dec 08Does LB Aluminium Berhad (KLSE:LBALUM) Have A Healthy Balance Sheet?
Oct 04We Think That There Are Some Issues For LB Aluminium Berhad (KLSE:LBALUM) Beyond Its Promising Earnings
Jul 05LB Aluminium Berhad (KLSE:LBALUM) Has A Somewhat Strained Balance Sheet
Jun 17Here's Why I Think LB Aluminium Berhad (KLSE:LBALUM) Might Deserve Your Attention Today
Mar 03Is LB Aluminium Berhad (KLSE:LBALUM) A Risky Investment?
Nov 29We Think LB Aluminium Berhad's (KLSE:LBALUM) CEO Compensation Looks Fair
Oct 21With EPS Growth And More, LB Aluminium Berhad (KLSE:LBALUM) Is Interesting
Oct 06Returns On Capital Are Showing Encouraging Signs At LB Aluminium Berhad (KLSE:LBALUM)
Sep 01Does LB Aluminium Berhad (KLSE:LBALUM) Deserve A Spot On Your Watchlist?
May 27LB Aluminium Berhad's (KLSE:LBALUM) Returns On Capital Not Reflecting Well On The Business
Mar 30These 4 Measures Indicate That LB Aluminium Berhad (KLSE:LBALUM) Is Using Debt Extensively
Feb 23How Much Is LB Aluminium Berhad (KLSE:LBALUM) Paying Its CEO?
Jan 24
These Metrics Don't Make LB Aluminium Berhad (KLSE:LBALUM) Look Too Strong
Dec 28Here's Why LB Aluminium Berhad (KLSE:LBALUM) Is Weighed Down By Its Debt Load
Nov 24Financial Position Analysis
Short Term Liabilities: LBALUM's short term assets (MYR770.3M) exceed its short term liabilities (MYR452.6M).
Long Term Liabilities: LBALUM's short term assets (MYR770.3M) exceed its long term liabilities (MYR111.4M).
Debt to Equity History and Analysis
Debt Level: LBALUM's net debt to equity ratio (54%) is considered high.
Reducing Debt: LBALUM's debt to equity ratio has increased from 51.1% to 66.4% over the past 5 years.
Debt Coverage: LBALUM's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: LBALUM's interest payments on its debt are well covered by EBIT (10.2x coverage).