Lysaght Galvanized Steel Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Lysaght Galvanized Steel Berhad has a total shareholder equity of MYR179.5M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR186.2M and MYR6.7M respectively. Lysaght Galvanized Steel Berhad's EBIT is MYR9.2M making its interest coverage ratio -3.5. It has cash and short-term investments of MYR94.9M.

Key information

Debt to equity ratio

RM0

Debt

Interest coverage ratio	-3.5x
Cash	RM94.94m
Equity	RM179.54m
Total liabilities	RM6.67m
Total assets	RM186.21m

Recent financial health updates

No updates

Recent updates

We Think Lysaght Galvanized Steel Berhad's (KLSE:LYSAGHT) Robust Earnings Are Conservative

Nov 29

Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Has Announced That It Will Be Increasing Its Dividend To MYR0.03

Jun 25

Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Could Be Struggling To Allocate Capital

Mar 05

Lysaght Galvanized Steel Berhad's (KLSE:LYSAGHT) CEO Might Not Expect Shareholders To Be So Generous This Year

Jun 11

Capital Allocation Trends At Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Aren't Ideal

May 12

Are Dividend Investors Making A Mistake With Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT)?

Mar 20

Has Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Got What It Takes To Become A Multi-Bagger?

Jan 24

Consider This Before Buying Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) For The 2.3% Dividend

Dec 19

Financial Position Analysis

Short Term Liabilities: LYSAGHT's short term assets (MYR146.1M) exceed its short term liabilities (MYR4.9M).

Long Term Liabilities: LYSAGHT's short term assets (MYR146.1M) exceed its long term liabilities (MYR1.8M).

Debt to Equity History and Analysis

Debt Level: LYSAGHT is debt free.

Reducing Debt: LYSAGHT has not had any debt for past 5 years.

Debt Coverage: LYSAGHT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LYSAGHT has no debt, therefore coverage of interest payments is not a concern.

Lysaght Galvanized Steel Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Final dividend increased to RM0.05

Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 13, 2024

Lysaght Galvanized Steel Berhad Proposes Final Single Tier Dividend for the Year Ended 31 December 2023, Payable on July 24, 2024

Full year 2023 earnings released: EPS: RM0.27 (vs RM0.17 in FY 2022)

Lysaght Galvanized Steel Berhad Proposes Final Single Tier Dividend for the Financial Year Ended 31 December 2023

Lysaght Galvanized Steel Berhad Announces Resignation of Chua Tia Bon, Executive Director

Investor sentiment improves as stock rises 17%

We Think Lysaght Galvanized Steel Berhad's (KLSE:LYSAGHT) Robust Earnings Are Conservative

Third quarter 2023 earnings released: EPS: RM0.071 (vs RM0.051 in 3Q 2022)

Upcoming dividend of RM0.03 per share at 2.9% yield

Lysaght Galvanized Steel Berhad Declares Interim Single Tier Dividend for the Financial Year Ending 31 December 2023 Payable on 29 September 2023

Second quarter 2023 earnings released: EPS: RM0.057 (vs RM0.042 in 2Q 2022)

Upcoming dividend of RM0.03 per share at 1.6% yield

Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Has Announced That It Will Be Increasing Its Dividend To MYR0.03

Lysaght Galvanized Steel Berhad Announces Resignation of Ee Beng Guan as Independent and Non Executive Member of Audit Committee

First quarter 2023 earnings released: EPS: RM0.065 (vs RM0.032 in 1Q 2022)

Full year 2022 earnings released: EPS: RM0.17 (vs RM0.082 in FY 2021)

Third quarter 2022 earnings released: EPS: RM0.051 (vs RM0.044 in 3Q 2021)

Lysaght Galvanized Steel Berhad Announces the Resignation of DATO' IR WAN RAZALI BIN WAN MUDA as Independent and Non Executive Member of Remuneration Committee

Insufficient new directors

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: RM0.042 (vs RM0.011 loss in 2Q 2021)

Insufficient new directors

Upcoming dividend of RM0.01 per share

First quarter 2022 earnings released: EPS: RM0.032 (vs RM0.029 in 1Q 2021)

Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 16, 2022

Insufficient new directors

Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Could Be Struggling To Allocate Capital

Lysaght Galvanized Steel Berhad Proposes Final Single Tier Dividend for the Financial Year Ended 31 December 2021

Insufficient new directors

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: RM0.011 loss per share (vs RM0.022 loss in 2Q 2020)

Upcoming dividend of RM0.01 per share

Lysaght Galvanized Steel Berhad's (KLSE:LYSAGHT) CEO Might Not Expect Shareholders To Be So Generous This Year

Lysaght Galvanized Steel Berhad Announces Interim Single-Tier Dividend for the Financial Year Ended 31 December 2020, Payable on 16 July 2021

First quarter 2021 earnings released: EPS RM0.029 (vs RM0.039 in 1Q 2020)

Capital Allocation Trends At Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Aren't Ideal

Lysaght Galvanized Steel Berhad Announces Final Dividend for the Financial Year Ended 31 December 2020, Payable on July 16, 2021

Full year 2020 earnings released: EPS RM0.074 (vs RM0.22 in FY 2019)

Are Dividend Investors Making A Mistake With Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT)?

New 90-day low: RM2.08

Investor sentiment improved over the past week

New 90-day high: RM2.45

Has Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Got What It Takes To Become A Multi-Bagger?

New 90-day high: RM2.35

Consider This Before Buying Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) For The 2.3% Dividend

New 90-day low: RM1.84

New 90-day low - RM1.94

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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