Scientex Packaging (Ayer Keroh) Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Scientex Packaging (Ayer Keroh) Berhad has a total shareholder equity of MYR400.6M and total debt of MYR28.8M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are MYR588.3M and MYR187.7M respectively. Scientex Packaging (Ayer Keroh) Berhad's EBIT is MYR51.6M making its interest coverage ratio 11.6. It has cash and short-term investments of MYR25.5M.
Key information
7.2%
Debt to equity ratio
RM28.84m
Debt
| Interest coverage ratio | 11.6x |
| Cash | RM25.47m |
| Equity | RM400.58m |
| Total liabilities | RM187.73m |
| Total assets | RM588.31m |
Recent financial health updates
Is Daibochi Berhad (KLSE:DAIBOCI) Using Too Much Debt?
May 17
Is Daibochi Berhad (KLSE:DAIBOCI) A Risky Investment?
Feb 08Recent updates
Some May Be Optimistic About Scientex Packaging (Ayer Keroh) Berhad's (KLSE:SCIPACK) Earnings
Mar 27Scientex Packaging (Ayer Keroh) Berhad (KLSE:SCIPACK) Has Affirmed Its Dividend Of MYR0.025
Dec 12Here's Why Shareholders Should Examine Scientex Packaging (Ayer Keroh) Berhad's (KLSE:SCIPACK) CEO Compensation Package More Closely
Dec 06Scientex Packaging (Ayer Keroh) Berhad (KLSE:SCIPACK) Has Affirmed Its Dividend Of MYR0.025
Nov 12Daibochi Berhad (KLSE:DAIBOCI) Will Pay A Dividend Of RM0.02
Jun 24Is Daibochi Berhad (KLSE:DAIBOCI) Using Too Much Debt?
May 17Return Trends At Daibochi Berhad (KLSE:DAIBOCI) Aren't Appealing
Mar 28Daibochi Berhad (KLSE:DAIBOCI) Is An Attractive Dividend Stock - Here's Why
Mar 13Investors Who Bought Daibochi Berhad (KLSE:DAIBOCI) Shares Five Years Ago Are Now Up 37%
Feb 23Is Daibochi Berhad (KLSE:DAIBOCI) A Risky Investment?
Feb 08Daibochi Berhad's (KLSE:DAIBOCI) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 24
What Kind Of Investors Own Most Of Daibochi Berhad (KLSE:DAIBOCI)?
Jan 09Daibochi Berhad (KLSE:DAIBOCI) Could Be A Buy For Its Upcoming Dividend
Dec 25How Does Daibochi Berhad (KLSE:DAIBOCI) Fare As A Dividend Stock?
Dec 12We Like Daibochi Berhad's (KLSE:DAIBOCI) Returns And Here's How They're Trending
Nov 29Financial Position Analysis
Short Term Liabilities: SCIPACK's short term assets (MYR241.4M) exceed its short term liabilities (MYR158.5M).
Long Term Liabilities: SCIPACK's short term assets (MYR241.4M) exceed its long term liabilities (MYR29.2M).
Debt to Equity History and Analysis
Debt Level: SCIPACK's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: SCIPACK's debt to equity ratio has reduced from 30.2% to 7.2% over the past 5 years.
Debt Coverage: SCIPACK's debt is well covered by operating cash flow (369.4%).
Interest Coverage: SCIPACK's interest payments on its debt are well covered by EBIT (11.6x coverage).