Leader Steel Holdings Berhad

KLSE:LSTEEL Stock Report

Market Cap: RM71.1m

Leader Steel Holdings Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Leader Steel Holdings Berhad has a total shareholder equity of MYR194.0M and total debt of MYR61.3M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are MYR281.2M and MYR87.2M respectively. Leader Steel Holdings Berhad's EBIT is MYR152.6K making its interest coverage ratio 0.1. It has cash and short-term investments of MYR10.1M.

Key information

31.6%

Debt to equity ratio

RM61.35m

Debt

Interest coverage ratio0.06x
CashRM10.12m
EquityRM194.03m
Total liabilitiesRM87.16m
Total assetsRM281.19m

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 (MYR122.6M) exceed its short term liabilities (MYR71.3M).

Long Term Liabilities: LSTEEL's short term assets (MYR122.6M) exceed its long term liabilities (MYR15.8M).


Debt to Equity History and Analysis

Debt Level: LSTEEL's net debt to equity ratio (26.4%) is considered satisfactory.

Reducing Debt: LSTEEL's debt to equity ratio has reduced from 54.4% to 31.6% 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 (0.1x coverage).


Balance Sheet


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