Iskandar Waterfront City Berhad

KLSE:IWCITY Stock Report

Market Cap: RM 497.4m

Iskandar Waterfront City Berhad Balance Sheet Health

Financial Health criteria checks 3/6

Iskandar Waterfront City Berhad has a total shareholder equity of MYR742.0M and total debt of MYR390.8M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are MYR1.4B and MYR660.5M respectively. Iskandar Waterfront City Berhad's EBIT is MYR7.2M making its interest coverage ratio 4.1. It has cash and short-term investments of MYR22.2M.

Key information

52.7%

Debt to equity ratio

RM 390.78m

Debt

Interest coverage ratio4.1x
CashRM 22.24m
EquityRM 741.97m
Total liabilitiesRM 660.46m
Total assetsRM 1.40b

Recent financial health updates

Recent updates

Iskandar Waterfront City Berhad's (KLSE:IWCITY) P/S Is Still On The Mark Following 26% Share Price Bounce

Oct 11
Iskandar Waterfront City Berhad's (KLSE:IWCITY) P/S Is Still On The Mark Following 26% Share Price Bounce

Some Iskandar Waterfront City Berhad (KLSE:IWCITY) Shareholders Look For Exit As Shares Take 27% Pounding

Aug 06
Some Iskandar Waterfront City Berhad (KLSE:IWCITY) Shareholders Look For Exit As Shares Take 27% Pounding

Estimating The Intrinsic Value Of Iskandar Waterfront City Berhad (KLSE:IWCITY)

Aug 02
Estimating The Intrinsic Value Of Iskandar Waterfront City Berhad (KLSE:IWCITY)

Iskandar Waterfront City Berhad's (KLSE:IWCITY) Share Price Matching Investor Opinion

Jun 11
Iskandar Waterfront City Berhad's (KLSE:IWCITY) Share Price Matching Investor Opinion

Revenues Not Telling The Story For Iskandar Waterfront City Berhad (KLSE:IWCITY) After Shares Rise 28%

Jan 19
Revenues Not Telling The Story For Iskandar Waterfront City Berhad (KLSE:IWCITY) After Shares Rise 28%

Iskandar Waterfront City Berhad's (KLSE:IWCITY) Shares Climb 94% But Its Business Is Yet to Catch Up

Sep 01
Iskandar Waterfront City Berhad's (KLSE:IWCITY) Shares Climb 94% But Its Business Is Yet to Catch Up

Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Using Too Much Debt?

Jul 06
Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Using Too Much Debt?

Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Weighed On By Its Debt Load?

Jan 25
Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Weighed On By Its Debt Load?

Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Using Debt In A Risky Way?

Oct 21
Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Using Debt In A Risky Way?

Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Using Too Much Debt?

Jun 13
Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Using Too Much Debt?

Does Iskandar Waterfront City Berhad (KLSE:IWCITY) Have A Healthy Balance Sheet?

Jan 27
Does Iskandar Waterfront City Berhad (KLSE:IWCITY) Have A Healthy Balance Sheet?

Iskandar Waterfront City Berhad (KLSE:IWCITY) Has A Somewhat Strained Balance Sheet

Mar 10
Iskandar Waterfront City Berhad (KLSE:IWCITY) Has A Somewhat Strained Balance Sheet

Would Shareholders Who Purchased Iskandar Waterfront City Berhad's (KLSE:IWCITY) Stock Three Years Be Happy With The Share price Today?

Jan 29
Would Shareholders Who Purchased Iskandar Waterfront City Berhad's (KLSE:IWCITY) Stock Three Years Be Happy With The Share price Today?

A Look At Iskandar Waterfront City Berhad's (KLSE:IWCITY) CEO Remuneration

Dec 07
A Look At Iskandar Waterfront City Berhad's (KLSE:IWCITY) CEO Remuneration

Financial Position Analysis

Short Term Liabilities: IWCITY's short term assets (MYR750.7M) exceed its short term liabilities (MYR220.1M).

Long Term Liabilities: IWCITY's short term assets (MYR750.7M) exceed its long term liabilities (MYR440.3M).


Debt to Equity History and Analysis

Debt Level: IWCITY's net debt to equity ratio (49.7%) is considered high.

Reducing Debt: IWCITY's debt to equity ratio has increased from 32.5% to 52.7% over the past 5 years.

Debt Coverage: IWCITY's debt is not well covered by operating cash flow (10.1%).

Interest Coverage: IWCITY's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


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