Seng Fong Holdings Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Seng Fong Holdings Berhad has a total shareholder equity of MYR194.1M and total debt of MYR144.5M, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are MYR371.7M and MYR177.6M respectively. Seng Fong Holdings Berhad's EBIT is MYR53.5M making its interest coverage ratio 9.8. It has cash and short-term investments of MYR10.1M.
Key information
74.5%
Debt to equity ratio
RM144.53m
Debt
| Interest coverage ratio | 9.8x |
| Cash | RM10.09m |
| Equity | RM194.11m |
| Total liabilities | RM177.59m |
| Total assets | RM371.71m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SENFONG's short term assets (MYR317.5M) exceed its short term liabilities (MYR168.5M).
Long Term Liabilities: SENFONG's short term assets (MYR317.5M) exceed its long term liabilities (MYR9.1M).
Debt to Equity History and Analysis
Debt Level: SENFONG's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: Insufficient data to determine if SENFONG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SENFONG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SENFONG's interest payments on its debt are well covered by EBIT (9.8x coverage).