Ideal Capital Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Ideal Capital Berhad has a total shareholder equity of MYR740.5M and total debt of MYR416.1M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are MYR1.7B and MYR954.9M respectively. Ideal Capital Berhad's EBIT is MYR113.5M making its interest coverage ratio 43.2. It has cash and short-term investments of MYR28.3M.
Key information
56.2%
Debt to equity ratio
RM 416.10m
Debt
| Interest coverage ratio | 43.2x |
| Cash | RM 28.29m |
| Equity | RM 740.53m |
| Total liabilities | RM 954.89m |
| Total assets | RM 1.70b |
Recent financial health updates
Ideal Capital Berhad (KLSE:IDEAL) Has A Pretty Healthy Balance Sheet
May 07
We Think Ideal Capital Berhad (KLSE:IDEAL) Can Manage Its Debt With Ease
Aug 10Here's Why Ideal United Bintang International Berhad (KLSE:IDEAL) Can Manage Its Debt Responsibly
Nov 22Is Ideal United Bintang International Berhad (KLSE:IDEAL) A Risky Investment?
Nov 21Recent updates
Ideal Capital Berhad's (KLSE:IDEAL) Promising Earnings May Rest On Soft Foundations
Jun 05Ideal Capital Berhad (KLSE:IDEAL) Has A Pretty Healthy Balance Sheet
May 07Optimistic Investors Push Ideal Capital Berhad (KLSE:IDEAL) Shares Up 29% But Growth Is Lacking
Dec 26We Think Ideal Capital Berhad (KLSE:IDEAL) Can Manage Its Debt With Ease
Aug 10Here's Why Ideal United Bintang International Berhad (KLSE:IDEAL) Can Manage Its Debt Responsibly
Nov 22Consider This Before Buying Ideal United Bintang International Berhad (KLSE:IDEAL) For The 2.2% Dividend
May 03Did You Miss Ideal United Bintang International Berhad's (KLSE:IDEAL) 36% Share Price Gain?
Feb 25Ideal United Bintang International Berhad (KLSE:IDEAL) Investors Should Think About This Before Buying It For Its Dividend
Jan 21
Here's What Ideal United Bintang International Berhad's (KLSE:IDEAL) Shareholder Ownership Structure Looks Like
Dec 17Is Ideal United Bintang International Berhad (KLSE:IDEAL) A Risky Investment?
Nov 21Financial Position Analysis
Short Term Liabilities: IDEAL's short term assets (MYR1.4B) exceed its short term liabilities (MYR548.5M).
Long Term Liabilities: IDEAL's short term assets (MYR1.4B) exceed its long term liabilities (MYR406.4M).
Debt to Equity History and Analysis
Debt Level: IDEAL's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: IDEAL's debt to equity ratio has increased from 4.2% to 56.2% over the past 5 years.
Debt Coverage: IDEAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IDEAL's interest payments on its debt are well covered by EBIT (43.2x coverage).