Zantat Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Zantat Holdings Berhad has a total shareholder equity of MYR64.2M and total debt of MYR11.6M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are MYR95.9M and MYR31.7M respectively. Zantat Holdings Berhad's EBIT is MYR10.8M making its interest coverage ratio 8.7. It has cash and short-term investments of MYR10.5M.
Key information
18.0%
Debt to equity ratio
RM11.58m
Debt
Interest coverage ratio | 8.7x |
Cash | RM10.55m |
Equity | RM64.17m |
Total liabilities | RM31.70m |
Total assets | RM95.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZANTAT's short term assets (MYR40.7M) exceed its short term liabilities (MYR23.1M).
Long Term Liabilities: ZANTAT's short term assets (MYR40.7M) exceed its long term liabilities (MYR8.6M).
Debt to Equity History and Analysis
Debt Level: ZANTAT's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ZANTAT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZANTAT's debt is well covered by operating cash flow (140.3%).
Interest Coverage: ZANTAT's interest payments on its debt are well covered by EBIT (8.7x coverage).