ACME Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
ACME Holdings Berhad has a total shareholder equity of MYR116.6M and total debt of MYR12.2M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are MYR166.4M and MYR49.7M respectively. ACME Holdings Berhad's EBIT is MYR10.3M making its interest coverage ratio 67. It has cash and short-term investments of MYR16.7M.
Key information
10.5%
Debt to equity ratio
RM 12.20m
Debt
| Interest coverage ratio | 67x |
| Cash | RM 16.65m |
| Equity | RM 116.65m |
| Total liabilities | RM 49.72m |
| Total assets | RM 166.37m |
Financial Position Analysis
Short Term Liabilities: ACME's short term assets (MYR159.3M) exceed its short term liabilities (MYR42.9M).
Long Term Liabilities: ACME's short term assets (MYR159.3M) exceed its long term liabilities (MYR6.9M).
Debt to Equity History and Analysis
Debt Level: ACME has more cash than its total debt.
Reducing Debt: ACME's debt to equity ratio has increased from 4.6% to 10.5% over the past 5 years.
Debt Coverage: ACME's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: ACME's interest payments on its debt are well covered by EBIT (67x coverage).