Radium Development Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Radium Development Berhad has a total shareholder equity of MYR792.9M and total debt of MYR39.0M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are MYR918.0M and MYR125.1M respectively. Radium Development Berhad's EBIT is MYR24.7M making its interest coverage ratio 5.1. It has cash and short-term investments of MYR351.9M.
Key information
4.9%
Debt to equity ratio
RM39.05m
Debt
| Interest coverage ratio | 5.1x |
| Cash | RM351.86m |
| Equity | RM792.95m |
| Total liabilities | RM125.08m |
| Total assets | RM918.02m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RADIUM's short term assets (MYR764.1M) exceed its short term liabilities (MYR101.0M).
Long Term Liabilities: RADIUM's short term assets (MYR764.1M) exceed its long term liabilities (MYR24.0M).
Debt to Equity History and Analysis
Debt Level: RADIUM has more cash than its total debt.
Reducing Debt: RADIUM's debt to equity ratio has reduced from 1430.5% to 4.9% over the past 5 years.
Debt Coverage: RADIUM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RADIUM's interest payments on its debt are well covered by EBIT (5.1x coverage).