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 ration/a
CashRM78.68m
EquityRM283.97m
Total liabilitiesRM272.20m
Total assetsRM556.18m

Recent financial health updates

Recent updates

Luster Industries Bhd (KLSE:LUSTER) Takes On Some Risk With Its Use Of Debt

Feb 07
Luster Industries Bhd (KLSE:LUSTER) Takes On Some Risk With Its Use Of Debt

We Think Luster Industries Bhd (KLSE:LUSTER) Is Taking Some Risk With Its Debt

Sep 27
We Think Luster Industries Bhd (KLSE:LUSTER) Is Taking Some Risk With Its Debt

Does Luster Industries Bhd (KLSE:LUSTER) Have A Healthy Balance Sheet?

Jun 10
Does Luster Industries Bhd (KLSE:LUSTER) Have A Healthy Balance Sheet?

Here's Why Luster Industries Bhd (KLSE:LUSTER) Can Manage Its Debt Responsibly

Jan 08
Here's Why Luster Industries Bhd (KLSE:LUSTER) Can Manage Its Debt Responsibly

Luster Industries Bhd (KLSE:LUSTER) Has A Pretty Healthy Balance Sheet

Aug 25
Luster Industries Bhd (KLSE:LUSTER) Has A Pretty Healthy Balance Sheet

Luster Industries Bhd (KLSE:LUSTER) Seems To Use Debt Quite Sensibly

Mar 21
Luster Industries Bhd (KLSE:LUSTER) Seems To Use Debt Quite Sensibly

What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?

Mar 01
What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?

Is Luster Industries Bhd's (KLSE:LUSTER) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Feb 02
Is Luster Industries Bhd's (KLSE:LUSTER) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Luster Industries Bhd (KLSE:LUSTER) Shareholders Have Enjoyed An Impressive 127% Share Price Gain

Jan 07
Luster Industries Bhd (KLSE:LUSTER) Shareholders Have Enjoyed An Impressive 127% Share Price Gain

Are Luster Industries Bhd's (KLSE:LUSTER) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 17
Are Luster Industries Bhd's (KLSE:LUSTER) Statutory Earnings A Good Reflection Of Its Earnings Potential?

What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?

Nov 25
What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?

Financial 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.


Balance Sheet


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