JcbNext Berhad Balance Sheet Health
Financial Health criteria checks 6/6
JcbNext Berhad has a total shareholder equity of MYR406.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR416.8M and MYR10.7M respectively. JcbNext Berhad's EBIT is MYR8.3M making its interest coverage ratio 898.3. It has cash and short-term investments of MYR131.3M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | 898.3x |
| Cash | RM 131.27m |
| Equity | RM 406.10m |
| Total liabilities | RM 10.71m |
| Total assets | RM 416.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: JCBNEXT's short term assets (MYR141.0M) exceed its short term liabilities (MYR1.7M).
Long Term Liabilities: JCBNEXT's short term assets (MYR141.0M) exceed its long term liabilities (MYR9.0M).
Debt to Equity History and Analysis
Debt Level: JCBNEXT is debt free.
Reducing Debt: JCBNEXT had no debt 5 years ago.
Debt Coverage: JCBNEXT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JCBNEXT has no debt, therefore coverage of interest payments is not a concern.