Versatile Creative Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Versatile Creative Berhad has a total shareholder equity of MYR86.6M and total debt of MYR3.8M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are MYR170.8M and MYR84.2M respectively. Versatile Creative Berhad's EBIT is MYR4.8M making its interest coverage ratio 28.4. It has cash and short-term investments of MYR30.8M.
Key information
4.3%
Debt to equity ratio
RM 3.75m
Debt
| Interest coverage ratio | 28.4x |
| Cash | RM 30.79m |
| Equity | RM 86.62m |
| Total liabilities | RM 84.17m |
| Total assets | RM 170.78m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VERSATL's short term assets (MYR82.7M) exceed its short term liabilities (MYR65.4M).
Long Term Liabilities: VERSATL's short term assets (MYR82.7M) exceed its long term liabilities (MYR18.7M).
Debt to Equity History and Analysis
Debt Level: VERSATL has more cash than its total debt.
Reducing Debt: VERSATL's debt to equity ratio has reduced from 32.7% to 4.3% over the past 5 years.
Debt Coverage: VERSATL's debt is well covered by operating cash flow (966.1%).
Interest Coverage: VERSATL's interest payments on its debt are well covered by EBIT (28.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Versatile Creative Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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