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 ratio | 1.4x |
Cash | RM5.96m |
Equity | RM343.68m |
Total liabilities | RM122.06m |
Total assets | RM465.74m |
Recent financial health updates
These 4 Measures Indicate That Leader Steel Holdings Berhad (KLSE:LSTEEL) Is Using Debt Extensively
Dec 26These 4 Measures Indicate That Leader Steel Holdings Berhad (KLSE:LSTEEL) Is Using Debt Reasonably Well
Sep 14Is Leader Steel Holdings Berhad (KLSE:LSTEEL) A Risky Investment?
Oct 12Is Leader Steel Holdings Berhad (KLSE:LSTEEL) A Risky Investment?
Feb 12Recent updates
These 4 Measures Indicate That Leader Steel Holdings Berhad (KLSE:LSTEEL) Is Using Debt Extensively
Dec 26Leader Steel Holdings Berhad (KLSE:LSTEEL) Will Be Hoping To Turn Its Returns On Capital Around
Nov 02Leader Steel Holdings Berhad (KLSE:LSTEEL) Will Be Hoping To Turn Its Returns On Capital Around
May 18These 4 Measures Indicate That Leader Steel Holdings Berhad (KLSE:LSTEEL) Is Using Debt Reasonably Well
Sep 14Is Leader Steel Holdings Berhad (KLSE:LSTEEL) A Risky Investment?
Oct 12Returns At Leader Steel Holdings Berhad (KLSE:LSTEEL) Are On The Way Up
Aug 26Increases to Leader Steel Holdings Berhad's (KLSE:LSTEEL) CEO Compensation Might Cool off for now
May 13We Think You Should Be Aware Of Some Concerning Factors In Leader Steel Holdings Berhad's (KLSE:LSTEEL) Earnings
Apr 01Could Leader Steel Holdings Berhad (KLSE:LSTEEL) Have The Makings Of Another Dividend Aristocrat?
Mar 30Is Leader Steel Holdings Berhad (KLSE:LSTEEL) A Risky Investment?
Feb 12Will The ROCE Trend At Leader Steel Holdings Berhad (KLSE:LSTEEL) Continue?
Dec 21Financial 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).