Luster Industries Bhd Balance Sheet Health
Financial Health criteria checks 4/6
Luster Industries Bhd has a total shareholder equity of MYR288.7M and total debt of MYR57.5M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are MYR537.1M and MYR248.3M respectively. Luster Industries Bhd's EBIT is MYR6.3M making its interest coverage ratio 3. It has cash and short-term investments of MYR82.4M.
Key information
19.9%
Debt to equity ratio
RM57.46m
Debt
| Interest coverage ratio | 3x |
| Cash | RM82.40m |
| Equity | RM288.75m |
| Total liabilities | RM248.33m |
| Total assets | RM537.08m |
Recent financial health updates
Luster Industries Bhd (KLSE:LUSTER) Has Debt But No Earnings; Should You Worry?
Nov 01
Is Luster Industries Bhd (KLSE:LUSTER) Using Too Much Debt?
Jul 07Luster 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 08Recent updates
Pinning Down Luster Industries Bhd's (KLSE:LUSTER) P/S Is Difficult Right Now
Apr 09There's Reason For Concern Over Luster Industries Bhd's (KLSE:LUSTER) Price
Jan 05Luster Industries Bhd (KLSE:LUSTER) Has Debt But No Earnings; Should You Worry?
Nov 01Is Luster Industries Bhd (KLSE:LUSTER) Using Too Much Debt?
Jul 07Luster 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 02
Luster 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 (MYR367.1M) exceed its short term liabilities (MYR130.3M).
Long Term Liabilities: LUSTER's short term assets (MYR367.1M) exceed its long term liabilities (MYR118.0M).
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 3% to 19.9% over the past 5 years.
Debt Coverage: LUSTER's debt is well covered by operating cash flow (38.3%).
Interest Coverage: LUSTER's interest payments on its debt are not well covered by EBIT (3x coverage).