Luster Industries Bhd Financial Health
Financial Health criteria checks 4/6
Luster Industries Bhd has a total shareholder equity of MYR284.0M and total debt of MYR66.4M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are MYR556.2M and MYR272.2M respectively.
Key information
23.4%
Debt to equity ratio
RM66.43m
Debt
Interest coverage ratio | n/a |
Cash | RM78.68m |
Equity | RM283.97m |
Total liabilities | RM272.20m |
Total assets | RM556.18m |
Recent financial health updates
Luster Industries Bhd (KLSE:LUSTER) Takes On Some Risk With Its Use Of Debt
Feb 07We Think Luster Industries Bhd (KLSE:LUSTER) Is Taking Some Risk With Its Debt
Sep 27Does Luster Industries Bhd (KLSE:LUSTER) Have A Healthy Balance Sheet?
Jun 10Here's Why Luster Industries Bhd (KLSE:LUSTER) Can Manage Its Debt Responsibly
Jan 08Luster Industries Bhd (KLSE:LUSTER) Has A Pretty Healthy Balance Sheet
Aug 25Luster Industries Bhd (KLSE:LUSTER) Seems To Use Debt Quite Sensibly
Mar 21Recent updates
Luster Industries Bhd (KLSE:LUSTER) Takes On Some Risk With Its Use Of Debt
Feb 07We Think Luster Industries Bhd (KLSE:LUSTER) Is Taking Some Risk With Its Debt
Sep 27Does Luster Industries Bhd (KLSE:LUSTER) Have A Healthy Balance Sheet?
Jun 10Here's Why Luster Industries Bhd (KLSE:LUSTER) Can Manage Its Debt Responsibly
Jan 08Luster Industries Bhd (KLSE:LUSTER) Has A Pretty Healthy Balance Sheet
Aug 25Luster Industries Bhd (KLSE:LUSTER) Seems To Use Debt Quite Sensibly
Mar 21What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?
Mar 01Is Luster Industries Bhd's (KLSE:LUSTER) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 02Luster Industries Bhd (KLSE:LUSTER) Shareholders Have Enjoyed An Impressive 127% Share Price Gain
Jan 07Are Luster Industries Bhd's (KLSE:LUSTER) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 17What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?
Nov 25Financial Position Analysis
Short Term Liabilities: LUSTER's short term assets (MYR398.1M) exceed its short term liabilities (MYR153.5M).
Long Term Liabilities: LUSTER's short term assets (MYR398.1M) exceed its long term liabilities (MYR118.7M).
Debt to Equity History and Analysis
Debt Level: LUSTER has more cash than its total debt.
Reducing Debt: LUSTER's debt to equity ratio has increased from 0% to 23.4% over the past 5 years.
Debt Coverage: LUSTER's debt is well covered by operating cash flow (25.4%).
Interest Coverage: Insufficient data to determine if LUSTER's interest payments on its debt are well covered by EBIT.