Yong Tai Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Yong Tai Berhad has a total shareholder equity of MYR277.9M and total debt of MYR198.3M, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are MYR692.4M and MYR414.5M respectively. Yong Tai Berhad's EBIT is MYR16.6M making its interest coverage ratio 1. It has cash and short-term investments of MYR10.9M.
Key information
71.3%
Debt to equity ratio
RM 198.26m
Debt
| Interest coverage ratio | 1x |
| Cash | RM 10.93m |
| Equity | RM 277.91m |
| Total liabilities | RM 414.53m |
| Total assets | RM 692.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YONGTAI-PA's short term assets (MYR429.6M) exceed its short term liabilities (MYR354.5M).
Long Term Liabilities: YONGTAI-PA's short term assets (MYR429.6M) exceed its long term liabilities (MYR60.1M).
Debt to Equity History and Analysis
Debt Level: YONGTAI-PA's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: YONGTAI-PA's debt to equity ratio has increased from 46.7% to 71.3% over the past 5 years.
Debt Coverage: YONGTAI-PA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: YONGTAI-PA's interest payments on its debt are not well covered by EBIT (1x coverage).