Ideal Capital Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Ideal Capital Berhad has a total shareholder equity of MYR703.3M and total debt of MYR405.7M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are MYR1.5B and MYR816.9M respectively. Ideal Capital Berhad's EBIT is MYR90.3M making its interest coverage ratio 22.6. It has cash and short-term investments of MYR58.3M.
Key information
57.7%
Debt to equity ratio
RM405.73m
Debt
| Interest coverage ratio | 22.6x |
| Cash | RM58.28m |
| Equity | RM703.29m |
| Total liabilities | RM816.95m |
| Total assets | RM1.52b |
Recent financial health updates
We Think Ideal Capital Berhad (KLSE:IDEAL) Can Manage Its Debt With Ease
Aug 10
Here'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
Optimistic 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 (MYR1.2B) exceed its short term liabilities (MYR420.8M).
Long Term Liabilities: IDEAL's short term assets (MYR1.2B) exceed its long term liabilities (MYR396.2M).
Debt to Equity History and Analysis
Debt Level: IDEAL's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: IDEAL's debt to equity ratio has increased from 3.7% to 57.7% over the past 5 years.
Debt Coverage: IDEAL's debt is well covered by operating cash flow (20.2%).
Interest Coverage: IDEAL's interest payments on its debt are well covered by EBIT (22.6x coverage).