Quality Concrete Holdings Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Quality Concrete Holdings Berhad has a total shareholder equity of MYR88.1M and total debt of MYR101.5M, which brings its debt-to-equity ratio to 115.3%. Its total assets and total liabilities are MYR289.4M and MYR201.3M respectively. Quality Concrete Holdings Berhad's EBIT is MYR2.0M making its interest coverage ratio 0.3. It has cash and short-term investments of MYR9.9M.
Key information
115.3%
Debt to equity ratio
RM 101.53m
Debt
| Interest coverage ratio | 0.3x |
| Cash | RM 9.95m |
| Equity | RM 88.09m |
| Total liabilities | RM 201.28m |
| Total assets | RM 289.37m |
Recent financial health updates
Does Quality Concrete Holdings Berhad (KLSE:QUALITY) Have A Healthy Balance Sheet?
Oct 07
Does Quality Concrete Holdings Berhad (KLSE:QUALITY) Have A Healthy Balance Sheet?
Jun 10Is Quality Concrete Holdings Berhad (KLSE:QUALITY) A Risky Investment?
Feb 28Is Quality Concrete Holdings Berhad (KLSE:QUALITY) Using Too Much Debt?
Nov 07Would Quality Concrete Holdings Berhad (KLSE:QUALITY) Be Better Off With Less Debt?
Aug 08Here's Why Quality Concrete Holdings Berhad (KLSE:QUALITY) Has A Meaningful Debt Burden
Sep 30Recent updates
Quality Concrete Holdings Berhad's (KLSE:QUALITY) Business And Shares Still Trailing The Industry
Nov 22Does Quality Concrete Holdings Berhad (KLSE:QUALITY) Have A Healthy Balance Sheet?
Oct 07A Piece Of The Puzzle Missing From Quality Concrete Holdings Berhad's (KLSE:QUALITY) 29% Share Price Climb
Aug 03Does Quality Concrete Holdings Berhad (KLSE:QUALITY) Have A Healthy Balance Sheet?
Jun 10Is Quality Concrete Holdings Berhad (KLSE:QUALITY) A Risky Investment?
Feb 28Is Quality Concrete Holdings Berhad (KLSE:QUALITY) Using Too Much Debt?
Nov 07Would Quality Concrete Holdings Berhad (KLSE:QUALITY) Be Better Off With Less Debt?
Aug 08Quality Concrete Holdings Berhad's (KLSE:QUALITY) Returns On Capital Are Heading Higher
Jun 14Returns At Quality Concrete Holdings Berhad (KLSE:QUALITY) Are On The Way Up
Mar 15Quality Concrete Holdings Berhad (KLSE:QUALITY) Might Have The Makings Of A Multi-Bagger
Nov 09Here's Why Quality Concrete Holdings Berhad (KLSE:QUALITY) Has A Meaningful Debt Burden
Sep 30Quality Concrete Holdings Berhad (KLSE:QUALITY) Investors Are Less Pessimistic Than Expected
Aug 20Quality Concrete Holdings Berhad (KLSE:QUALITY) Shareholders Will Want The ROCE Trajectory To Continue
May 03Returns On Capital At Quality Concrete Holdings Berhad (KLSE:QUALITY) Have Stalled
Dec 22Is Quality Concrete Holdings Berhad (KLSE:QUALITY) A Risky Investment?
Sep 10Returns At Quality Concrete Holdings Berhad (KLSE:QUALITY) Appear To Be Weighed Down
Jul 15We Think Quality Concrete Holdings Berhad (KLSE:QUALITY) Can Stay On Top Of Its Debt
May 14The Return Trends At Quality Concrete Holdings Berhad (KLSE:QUALITY) Look Promising
Mar 23Quality Concrete Holdings Berhad (KLSE:QUALITY) Takes On Some Risk With Its Use Of Debt
Jan 26
Returns On Capital - An Important Metric For Quality Concrete Holdings Berhad (KLSE:QUALITY)
Dec 04Financial Position Analysis
Short Term Liabilities: QUALITY's short term assets (MYR175.2M) do not cover its short term liabilities (MYR185.7M).
Long Term Liabilities: QUALITY's short term assets (MYR175.2M) exceed its long term liabilities (MYR15.6M).
Debt to Equity History and Analysis
Debt Level: QUALITY's net debt to equity ratio (104%) is considered high.
Reducing Debt: QUALITY's debt to equity ratio has increased from 70.8% to 115.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: QUALITY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: QUALITY has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 1.2% each year.