Rhone Ma Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Rhone Ma Holdings Berhad has a total shareholder equity of MYR175.2M and total debt of MYR28.9M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are MYR226.9M and MYR51.7M respectively. Rhone Ma Holdings Berhad's EBIT is MYR21.5M making its interest coverage ratio 14. It has cash and short-term investments of MYR37.7M.
Key information
16.5%
Debt to equity ratio
RM28.90m
Debt
Interest coverage ratio | 14x |
Cash | RM37.74m |
Equity | RM175.18m |
Total liabilities | RM51.74m |
Total assets | RM226.92m |
Recent financial health updates
Does Rhone Ma Holdings Berhad (KLSE:RHONEMA) Have A Healthy Balance Sheet?
Jun 07Is Rhone Ma Holdings Berhad (KLSE:RHONEMA) A Risky Investment?
Mar 09Recent updates
Rhone Ma Holdings Berhad (KLSE:RHONEMA) Has Affirmed Its Dividend Of MYR0.01
May 02Rhone Ma Holdings Berhad (KLSE:RHONEMA) Will Pay A Dividend Of MYR0.01
Apr 18Rhone Ma Holdings Berhad (KLSE:RHONEMA) Is Paying Out A Dividend Of MYR0.01
Dec 18Rhone Ma Holdings Berhad (KLSE:RHONEMA) Has Announced A Dividend Of RM0.01
May 02We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Rhone Ma Holdings Berhad's (KLSE:RHONEMA) CEO For Now
Jul 19Does Rhone Ma Holdings Berhad (KLSE:RHONEMA) Have A Healthy Balance Sheet?
Jun 07Is Rhone Ma Holdings Berhad (KLSE:RHONEMA) A Risky Investment?
Mar 09Introducing Rhone Ma Holdings Berhad (KLSE:RHONEMA), A Stock That Climbed 32% In The Last Year
Feb 02Can Rhone Ma Holdings Berhad's (KLSE:RHONEMA) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Jan 12Are Rhone Ma Holdings Berhad's (KLSE:RHONEMA) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 06Financial Position Analysis
Short Term Liabilities: RHONEMA's short term assets (MYR130.4M) exceed its short term liabilities (MYR27.4M).
Long Term Liabilities: RHONEMA's short term assets (MYR130.4M) exceed its long term liabilities (MYR24.3M).
Debt to Equity History and Analysis
Debt Level: RHONEMA has more cash than its total debt.
Reducing Debt: RHONEMA's debt to equity ratio has increased from 13.3% to 16.5% over the past 5 years.
Debt Coverage: RHONEMA's debt is well covered by operating cash flow (95%).
Interest Coverage: RHONEMA's interest payments on its debt are well covered by EBIT (14x coverage).