ACME Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
ACME Holdings Berhad has a total shareholder equity of MYR111.1M and total debt of MYR5.3M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are MYR136.4M and MYR25.3M respectively. ACME Holdings Berhad's EBIT is MYR9.8M making its interest coverage ratio 89.8. It has cash and short-term investments of MYR2.8M.
Key information
4.7%
Debt to equity ratio
RM5.26m
Debt
| Interest coverage ratio | 89.8x |
| Cash | RM2.78m |
| Equity | RM111.08m |
| Total liabilities | RM25.32m |
| Total assets | RM136.40m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ACME's short term assets (MYR128.9M) exceed its short term liabilities (MYR21.2M).
Long Term Liabilities: ACME's short term assets (MYR128.9M) exceed its long term liabilities (MYR4.1M).
Debt to Equity History and Analysis
Debt Level: ACME's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: ACME's debt to equity ratio has reduced from 8% to 4.7% over the past 5 years.
Debt Coverage: ACME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ACME's interest payments on its debt are well covered by EBIT (89.8x coverage).