Quality Concrete Holdings Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Quality Concrete Holdings Berhad has a total shareholder equity of MYR89.0M and total debt of MYR97.0M, which brings its debt-to-equity ratio to 109%. Its total assets and total liabilities are MYR265.8M and MYR176.8M respectively.
Key information
109.0%
Debt to equity ratio
RM97.00m
Debt
| Interest coverage ratio | n/a |
| Cash | RM29.80m |
| Equity | RM89.01m |
| Total liabilities | RM176.80m |
| Total assets | RM265.82m |
Recent financial health updates
Is Quality Concrete Holdings Berhad (KLSE:QUALITY) A Risky Investment?
Feb 28
Is 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 30Is Quality Concrete Holdings Berhad (KLSE:QUALITY) A Risky Investment?
Sep 10We Think Quality Concrete Holdings Berhad (KLSE:QUALITY) Can Stay On Top Of Its Debt
May 14Recent updates
Is 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 (MYR147.2M) do not cover its short term liabilities (MYR163.3M).
Long Term Liabilities: QUALITY's short term assets (MYR147.2M) exceed its long term liabilities (MYR13.5M).
Debt to Equity History and Analysis
Debt Level: QUALITY's net debt to equity ratio (75.5%) is considered high.
Reducing Debt: QUALITY's debt to equity ratio has increased from 66.3% to 109% 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 3 years based on its current free cash flow.
Forecast Cash Runway: QUALITY has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 2.5% each year.