Innity Corporation Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Innity Berhad has a total shareholder equity of MYR27.7M and total debt of MYR4.2M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are MYR72.1M and MYR44.4M respectively.
Key information
15.2%
Debt to equity ratio
RM 4.20m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 21.74m |
| Equity | RM 27.73m |
| Total liabilities | RM 44.37m |
| Total assets | RM 72.11m |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On Innity Corporation Berhad (KLSE:INNITY)
Mar 12
Estimating The Intrinsic Value Of Innity Corporation Berhad (KLSE:INNITY)
Jun 28If EPS Growth Is Important To You, Innity Corporation Berhad (KLSE:INNITY) Presents An Opportunity
Jun 24Here's What's Concerning About Innity Corporation Berhad's (KLSE:INNITY) Returns On Capital
Apr 07Innity Corporation Berhad's (KLSE:INNITY) Earnings Are Of Questionable Quality
Sep 02Financial Position Analysis
Short Term Liabilities: INNITY's short term assets (MYR61.2M) exceed its short term liabilities (MYR41.7M).
Long Term Liabilities: INNITY's short term assets (MYR61.2M) exceed its long term liabilities (MYR2.6M).
Debt to Equity History and Analysis
Debt Level: INNITY has more cash than its total debt.
Reducing Debt: INNITY's debt to equity ratio has increased from 0% to 15.2% over the past 5 years.
Debt Coverage: INNITY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if INNITY's interest payments on its debt are well covered by EBIT.