NCT Alliance Berhad Balance Sheet Health
Financial Health criteria checks 5/6
NCT Alliance Berhad has a total shareholder equity of MYR610.1M and total debt of MYR120.4M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are MYR815.4M and MYR205.4M respectively. NCT Alliance Berhad's EBIT is MYR62.8M making its interest coverage ratio 5.5. It has cash and short-term investments of MYR34.1M.
Key information
19.7%
Debt to equity ratio
RM120.39m
Debt
| Interest coverage ratio | 5.5x |
| Cash | RM34.11m |
| Equity | RM610.06m |
| Total liabilities | RM205.38m |
| Total assets | RM815.44m |
Recent financial health updates
No updates
Recent updates
NCT Alliance Berhad (KLSE:NCT) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
Mar 25
NCT Alliance Berhad (KLSE:NCT) Is Experiencing Growth In Returns On Capital
Jul 22The Market Doesn't Like What It Sees From NCT Alliance Berhad's (KLSE:NCT) Earnings Yet As Shares Tumble 26%
Mar 15NCT Alliance Berhad (KLSE:NCT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 14NCT Alliance Berhad's (KLSE:NCT) Returns Have Hit A Wall
Aug 03Financial Position Analysis
Short Term Liabilities: NCT's short term assets (MYR612.1M) exceed its short term liabilities (MYR124.2M).
Long Term Liabilities: NCT's short term assets (MYR612.1M) exceed its long term liabilities (MYR81.2M).
Debt to Equity History and Analysis
Debt Level: NCT's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: NCT's debt to equity ratio has increased from 15.6% to 19.7% over the past 5 years.
Debt Coverage: NCT's debt is well covered by operating cash flow (40.9%).
Interest Coverage: NCT's interest payments on its debt are well covered by EBIT (5.5x coverage).