ACME Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
ACME Holdings Berhad has a total shareholder equity of MYR113.5M and total debt of MYR8.7M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are MYR149.0M and MYR35.5M respectively. ACME Holdings Berhad's EBIT is MYR8.7M making its interest coverage ratio 34.9. It has cash and short-term investments of MYR8.1M.
Key information
7.6%
Debt to equity ratio
RM8.66m
Debt
| Interest coverage ratio | 34.9x |
| Cash | RM8.09m |
| Equity | RM113.49m |
| Total liabilities | RM35.50m |
| Total assets | RM148.99m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ACME's short term assets (MYR141.8M) exceed its short term liabilities (MYR27.1M).
Long Term Liabilities: ACME's short term assets (MYR141.8M) exceed its long term liabilities (MYR8.4M).
Debt to Equity History and Analysis
Debt Level: ACME's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: ACME's debt to equity ratio has increased from 0.1% to 7.6% 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 (34.9x coverage).