Carlo Rino Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Carlo Rino Group Berhad has a total shareholder equity of MYR111.7M and total debt of MYR7.5M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are MYR150.1M and MYR38.4M respectively. Carlo Rino Group Berhad's EBIT is MYR27.1M making its interest coverage ratio 31.6. It has cash and short-term investments of MYR47.0M.
Key information
6.7%
Debt to equity ratio
RM 7.50m
Debt
| Interest coverage ratio | 31.6x |
| Cash | RM 46.96m |
| Equity | RM 111.68m |
| Total liabilities | RM 38.42m |
| Total assets | RM 150.10m |
Recent financial health updates
We Think Carlo Rino Group Berhad (KLSE:CRG) Can Manage Its Debt With Ease
May 12
Is CRG Berhad (KLSE:CRG) Using Too Much Debt?
Oct 07Is CRG Berhad (KLSE:CRG) A Risky Investment?
May 03CRG Berhad (KLSE:CRG) Has A Rock Solid Balance Sheet
Nov 10We Think CRG Berhad (KLSE:CRG) Can Stay On Top Of Its Debt
Jun 19CRG Berhad (KLSE:CRG) Seems To Use Debt Quite Sensibly
Mar 19Recent updates
Estimating The Intrinsic Value Of Carlo Rino Group Berhad (KLSE:CRG)
Sep 02Take Care Before Diving Into The Deep End On Carlo Rino Group Berhad (KLSE:CRG)
Jul 16Carlo Rino Group Berhad (KLSE:CRG) Ticks All The Boxes When It Comes To Earnings Growth
Sep 05Returns On Capital Are A Standout For Carlo Rino Group Berhad (KLSE:CRG)
Aug 04We Think Carlo Rino Group Berhad (KLSE:CRG) Can Manage Its Debt With Ease
May 12Here's Why We Think Carlo Rino Group Berhad (KLSE:CRG) Is Well Worth Watching
Mar 17Shareholders Would Enjoy A Repeat Of CRG Berhad's (KLSE:CRG) Recent Growth In Returns
Dec 23Is CRG Berhad (KLSE:CRG) Using Too Much Debt?
Oct 07Do CRG Berhad's (KLSE:CRG) Earnings Warrant Your Attention?
Aug 12The Returns On Capital At CRG Berhad (KLSE:CRG) Don't Inspire Confidence
Jun 30Is CRG Berhad (KLSE:CRG) A Risky Investment?
May 03Here's Why I Think CRG Berhad (KLSE:CRG) Might Deserve Your Attention Today
Apr 11If You Like EPS Growth Then Check Out CRG Berhad (KLSE:CRG) Before It's Too Late
Dec 22CRG Berhad (KLSE:CRG) Could Be At Risk Of Shrinking As A Company
Dec 01CRG Berhad (KLSE:CRG) Has A Rock Solid Balance Sheet
Nov 10Should You Be Adding CRG Berhad (KLSE:CRG) To Your Watchlist Today?
Sep 20CRG Berhad (KLSE:CRG) Could Be Struggling To Allocate Capital
Aug 11We Think CRG Berhad (KLSE:CRG) Can Stay On Top Of Its Debt
Jun 19Estimating The Intrinsic Value Of CRG Incorporated Berhad (KLSE:CRG)
May 08The Returns On Capital At CRG Berhad (KLSE:CRG) Don't Inspire Confidence
Apr 17CRG Berhad (KLSE:CRG) Seems To Use Debt Quite Sensibly
Mar 19CRG Incorporated Berhad's (KLSE:CRG) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Feb 25Be Wary Of CRG Berhad (KLSE:CRG) And Its Returns On Capital
Jan 17
CRG Incorporated Berhad's (KLSE:CRG) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Nov 27Financial Position Analysis
Short Term Liabilities: CRG's short term assets (MYR83.0M) exceed its short term liabilities (MYR14.5M).
Long Term Liabilities: CRG's short term assets (MYR83.0M) exceed its long term liabilities (MYR23.9M).
Debt to Equity History and Analysis
Debt Level: CRG has more cash than its total debt.
Reducing Debt: CRG's debt to equity ratio has reduced from 20.6% to 6.7% over the past 5 years.
Debt Coverage: CRG's debt is well covered by operating cash flow (298.3%).
Interest Coverage: CRG's interest payments on its debt are well covered by EBIT (31.6x coverage).