Topmix Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Topmix Berhad has a total shareholder equity of MYR37.8M and total debt of MYR24.4M, which brings its debt-to-equity ratio to 64.6%. Its total assets and total liabilities are MYR70.5M and MYR32.7M respectively. Topmix Berhad's EBIT is MYR13.2M making its interest coverage ratio 10.6. It has cash and short-term investments of MYR8.3M.
Key information
64.6%
Debt to equity ratio
RM 24.41m
Debt
| Interest coverage ratio | 10.6x |
| Cash | RM 8.28m |
| Equity | RM 37.79m |
| Total liabilities | RM 32.67m |
| Total assets | RM 70.46m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TOPMIX's short term assets (MYR39.8M) exceed its short term liabilities (MYR12.0M).
Long Term Liabilities: TOPMIX's short term assets (MYR39.8M) exceed its long term liabilities (MYR20.7M).
Debt to Equity History and Analysis
Debt Level: TOPMIX's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: Insufficient data to determine if TOPMIX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TOPMIX's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: TOPMIX's interest payments on its debt are well covered by EBIT (10.6x coverage).