Leader Steel Holdings Berhad

KLSE:LSTEEL Stock Report

Market Cap: RM75.7m

Leader Steel Holdings Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Leader Steel Holdings Berhad has a total shareholder equity of MYR343.7M and total debt of MYR68.8M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are MYR465.7M and MYR122.1M respectively. Leader Steel Holdings Berhad's EBIT is MYR3.6M making its interest coverage ratio 1.4. It has cash and short-term investments of MYR6.0M.

Key information

20.0%

Debt to equity ratio

RM68.78m

Debt

Interest coverage ratio1.4x
CashRM5.96m
EquityRM343.68m
Total liabilitiesRM122.06m
Total assetsRM465.74m

Recent financial health updates

Recent updates

These 4 Measures Indicate That Leader Steel Holdings Berhad (KLSE:LSTEEL) Is Using Debt Extensively

Dec 26
These 4 Measures Indicate That Leader Steel Holdings Berhad (KLSE:LSTEEL) Is Using Debt Extensively

Leader Steel Holdings Berhad (KLSE:LSTEEL) Will Be Hoping To Turn Its Returns On Capital Around

Nov 02
Leader Steel Holdings Berhad (KLSE:LSTEEL) Will Be Hoping To Turn Its Returns On Capital Around

Leader Steel Holdings Berhad (KLSE:LSTEEL) Will Be Hoping To Turn Its Returns On Capital Around

May 18
Leader Steel Holdings Berhad (KLSE:LSTEEL) Will Be Hoping To Turn Its Returns On Capital Around

These 4 Measures Indicate That Leader Steel Holdings Berhad (KLSE:LSTEEL) Is Using Debt Reasonably Well

Sep 14
These 4 Measures Indicate That Leader Steel Holdings Berhad (KLSE:LSTEEL) Is Using Debt Reasonably Well

Is Leader Steel Holdings Berhad (KLSE:LSTEEL) A Risky Investment?

Oct 12
Is Leader Steel Holdings Berhad (KLSE:LSTEEL) A Risky Investment?

Returns At Leader Steel Holdings Berhad (KLSE:LSTEEL) Are On The Way Up

Aug 26
Returns At Leader Steel Holdings Berhad (KLSE:LSTEEL) Are On The Way Up

Increases to Leader Steel Holdings Berhad's (KLSE:LSTEEL) CEO Compensation Might Cool off for now

May 13
Increases to Leader Steel Holdings Berhad's (KLSE:LSTEEL) CEO Compensation Might Cool off for now

We Think You Should Be Aware Of Some Concerning Factors In Leader Steel Holdings Berhad's (KLSE:LSTEEL) Earnings

Apr 01
We Think You Should Be Aware Of Some Concerning Factors In Leader Steel Holdings Berhad's (KLSE:LSTEEL) Earnings

Could Leader Steel Holdings Berhad (KLSE:LSTEEL) Have The Makings Of Another Dividend Aristocrat?

Mar 30
Could Leader Steel Holdings Berhad (KLSE:LSTEEL) Have The Makings Of Another Dividend Aristocrat?

Is Leader Steel Holdings Berhad (KLSE:LSTEEL) A Risky Investment?

Feb 12
Is Leader Steel Holdings Berhad (KLSE:LSTEEL) A Risky Investment?

Will The ROCE Trend At Leader Steel Holdings Berhad (KLSE:LSTEEL) Continue?

Dec 21
Will The ROCE Trend At Leader Steel Holdings Berhad (KLSE:LSTEEL) Continue?

Financial Position Analysis

Short Term Liabilities: LSTEEL's short term assets (MYR96.4M) exceed its short term liabilities (MYR88.6M).

Long Term Liabilities: LSTEEL's short term assets (MYR96.4M) exceed its long term liabilities (MYR33.4M).


Debt to Equity History and Analysis

Debt Level: LSTEEL's net debt to equity ratio (18.3%) is considered satisfactory.

Reducing Debt: LSTEEL's debt to equity ratio has reduced from 66.9% to 20% over the past 5 years.

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

Interest Coverage: LSTEEL's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


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