Gromutual Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Gromutual Berhad has a total shareholder equity of MYR407.1M and total debt of MYR89.2M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are MYR528.9M and MYR121.8M respectively. Gromutual Berhad's EBIT is MYR12.9M making its interest coverage ratio 10.9. It has cash and short-term investments of MYR55.3M.
Key information
21.9%
Debt to equity ratio
RM 89.19m
Debt
| Interest coverage ratio | 10.9x |
| Cash | RM 55.29m |
| Equity | RM 407.06m |
| Total liabilities | RM 121.82m |
| Total assets | RM 528.88m |
Recent financial health updates
Gromutual Berhad (KLSE:GMUTUAL) Takes On Some Risk With Its Use Of Debt
Nov 11
Gromutual Berhad (KLSE:GMUTUAL) Has A Rock Solid Balance Sheet
Jan 25Is Gromutual Berhad (KLSE:GMUTUAL) A Risky Investment?
Apr 25These 4 Measures Indicate That Gromutual Berhad (KLSE:GMUTUAL) Is Using Debt Reasonably Well
Dec 29Gromutual Berhad (KLSE:GMUTUAL) Seems To Use Debt Quite Sensibly
Jun 06We Think Gromutual Berhad (KLSE:GMUTUAL) Can Stay On Top Of Its Debt
Mar 07Recent updates
Gromutual Berhad (KLSE:GMUTUAL) Takes On Some Risk With Its Use Of Debt
Nov 11Is Now The Time To Put Gromutual Berhad (KLSE:GMUTUAL) On Your Watchlist?
Mar 02Gromutual Berhad (KLSE:GMUTUAL) Has A Rock Solid Balance Sheet
Jan 25Gromutual Berhad's (KLSE:GMUTUAL) Upcoming Dividend Will Be Larger Than Last Year's
Sep 06Gromutual Berhad (KLSE:GMUTUAL) Is Increasing Its Dividend To MYR0.01
Aug 23Is Gromutual Berhad (KLSE:GMUTUAL) A Risky Investment?
Apr 25These 4 Measures Indicate That Gromutual Berhad (KLSE:GMUTUAL) Is Using Debt Reasonably Well
Dec 29Gromutual Berhad (KLSE:GMUTUAL) Seems To Use Debt Quite Sensibly
Jun 06We Think Gromutual Berhad (KLSE:GMUTUAL) Can Stay On Top Of Its Debt
Mar 07Gromutual Berhad (KLSE:GMUTUAL) Has A Somewhat Strained Balance Sheet
Dec 07
Financial Position Analysis
Short Term Liabilities: GMUTUAL's short term assets (MYR221.1M) exceed its short term liabilities (MYR75.6M).
Long Term Liabilities: GMUTUAL's short term assets (MYR221.1M) exceed its long term liabilities (MYR46.2M).
Debt to Equity History and Analysis
Debt Level: GMUTUAL's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: GMUTUAL's debt to equity ratio has increased from 18.3% to 21.9% over the past 5 years.
Debt Coverage: GMUTUAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GMUTUAL's interest payments on its debt are well covered by EBIT (10.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/25 07:36 |
| End of Day Share Price | 2025/01/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gromutual Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|