Leform Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Leform Berhad has a total shareholder equity of MYR216.1M and total debt of MYR175.3M, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are MYR450.4M and MYR234.3M respectively. Leform Berhad's EBIT is MYR3.0M making its interest coverage ratio 0.2. It has cash and short-term investments of MYR14.2M.
Key information
81.1%
Debt to equity ratio
RM 175.31m
Debt
| Interest coverage ratio | 0.2x |
| Cash | RM 14.16m |
| Equity | RM 216.12m |
| Total liabilities | RM 234.26m |
| Total assets | RM 450.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LEFORM's short term assets (MYR276.9M) exceed its short term liabilities (MYR216.8M).
Long Term Liabilities: LEFORM's short term assets (MYR276.9M) exceed its long term liabilities (MYR17.5M).
Debt to Equity History and Analysis
Debt Level: LEFORM's net debt to equity ratio (74.6%) is considered high.
Reducing Debt: Insufficient data to determine if LEFORM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LEFORM's debt is not well covered by operating cash flow (9%).
Interest Coverage: LEFORM's interest payments on its debt are not well covered by EBIT (0.2x coverage).