Seal Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Seal Berhad has a total shareholder equity of MYR360.1M and total debt of MYR65.8M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are MYR489.1M and MYR128.9M respectively. Seal Berhad's EBIT is MYR11.0M making its interest coverage ratio 2.5. It has cash and short-term investments of MYR22.7M.
Key information
18.3%
Debt to equity ratio
RM65.77m
Debt
| Interest coverage ratio | 2.5x |
| Cash | RM22.70m |
| Equity | RM360.13m |
| Total liabilities | RM128.94m |
| Total assets | RM489.07m |
Recent financial health updates
Seal Berhad (KLSE:SEAL) Has A Somewhat Strained Balance Sheet
May 08
Does Seal Berhad (KLSE:SEAL) Have A Healthy Balance Sheet?
Dec 22Seal Berhad (KLSE:SEAL) Has A Somewhat Strained Balance Sheet
Jul 27Would Seal Berhad (KLSE:SEAL) Be Better Off With Less Debt?
Sep 14We Think Seal Berhad (KLSE:SEAL) Has A Fair Chunk Of Debt
May 18Here's Why Seal Berhad (KLSE:SEAL) Has A Meaningful Debt Burden
Feb 16
Recent updates
Seal Incorporated Berhad's (KLSE:SEAL) Shares May Have Run Too Fast Too Soon
Jan 29Seal Berhad (KLSE:SEAL) Has A Somewhat Strained Balance Sheet
May 08Does Seal Berhad (KLSE:SEAL) Have A Healthy Balance Sheet?
Dec 22Seal Berhad (KLSE:SEAL) Has A Somewhat Strained Balance Sheet
Jul 27Would Seal Berhad (KLSE:SEAL) Be Better Off With Less Debt?
Sep 14We Think Seal Berhad (KLSE:SEAL) Has A Fair Chunk Of Debt
May 18Here's Why Seal Berhad (KLSE:SEAL) Has A Meaningful Debt Burden
Feb 16We Wouldn't Rely On Seal Berhad's (KLSE:SEAL) Statutory Earnings As A Guide
Jan 13Do Seal Berhad's (KLSE:SEAL) Earnings Warrant Your Attention?
Dec 07Financial Position Analysis
Short Term Liabilities: SEAL's short term assets (MYR199.7M) exceed its short term liabilities (MYR73.1M).
Long Term Liabilities: SEAL's short term assets (MYR199.7M) exceed its long term liabilities (MYR55.8M).
Debt to Equity History and Analysis
Debt Level: SEAL's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: SEAL's debt to equity ratio has reduced from 19.9% to 18.3% over the past 5 years.
Debt Coverage: SEAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEAL's interest payments on its debt are not well covered by EBIT (2.5x coverage).