ACME Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
ACME Holdings Berhad has a total shareholder equity of MYR115.4M and total debt of MYR8.2M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are MYR159.2M and MYR43.8M respectively. ACME Holdings Berhad's EBIT is MYR10.8M making its interest coverage ratio 72.5. It has cash and short-term investments of MYR11.4M.
Key information
7.1%
Debt to equity ratio
RM 8.24m
Debt
| Interest coverage ratio | 72.5x |
| Cash | RM 11.44m |
| Equity | RM 115.40m |
| Total liabilities | RM 43.84m |
| Total assets | RM 159.24m |
Financial Position Analysis
Short Term Liabilities: ACME's short term assets (MYR152.1M) exceed its short term liabilities (MYR37.7M).
Long Term Liabilities: ACME's short term assets (MYR152.1M) exceed its long term liabilities (MYR6.2M).
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 reduced from 7.3% to 7.1% 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 (72.5x coverage).