LBS Bina Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
LBS Bina Group Berhad has a total shareholder equity of MYR1.9B and total debt of MYR1.0B, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are MYR4.6B and MYR2.7B respectively. LBS Bina Group Berhad's EBIT is MYR314.3M making its interest coverage ratio 6. It has cash and short-term investments of MYR332.2M.
Key information
52.3%
Debt to equity ratio
RM 1.00b
Debt
| Interest coverage ratio | 6x |
| Cash | RM 332.16m |
| Equity | RM 1.92b |
| Total liabilities | RM 2.72b |
| Total assets | RM 4.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LBS-PA's short term assets (MYR2.6B) exceed its short term liabilities (MYR1.8B).
Long Term Liabilities: LBS-PA's short term assets (MYR2.6B) exceed its long term liabilities (MYR872.0M).
Debt to Equity History and Analysis
Debt Level: LBS-PA's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: LBS-PA's debt to equity ratio has reduced from 87.8% to 52.3% over the past 5 years.
Debt Coverage: LBS-PA's debt is well covered by operating cash flow (58.2%).
Interest Coverage: LBS-PA's interest payments on its debt are well covered by EBIT (6x coverage).