ICT Zone Asia Berhad Balance Sheet Health
Financial Health criteria checks 2/6
ICT Zone Asia Berhad has a total shareholder equity of MYR65.8M and total debt of MYR97.8M, which brings its debt-to-equity ratio to 148.7%. Its total assets and total liabilities are MYR212.8M and MYR147.0M respectively. ICT Zone Asia Berhad's EBIT is MYR18.9M making its interest coverage ratio 3.5. It has cash and short-term investments of MYR14.1M.
Key information
148.7%
Debt to equity ratio
RM 97.79m
Debt
| Interest coverage ratio | 3.5x |
| Cash | RM 14.06m |
| Equity | RM 65.78m |
| Total liabilities | RM 146.99m |
| Total assets | RM 212.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ICTZONE's short term assets (MYR42.6M) do not cover its short term liabilities (MYR55.2M).
Long Term Liabilities: ICTZONE's short term assets (MYR42.6M) do not cover its long term liabilities (MYR91.7M).
Debt to Equity History and Analysis
Debt Level: ICTZONE's net debt to equity ratio (127.3%) is considered high.
Reducing Debt: ICTZONE's debt to equity ratio has increased from 136.7% to 148.7% over the past 5 years.
Debt Coverage: ICTZONE's debt is well covered by operating cash flow (47.3%).
Interest Coverage: ICTZONE's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 12:05 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
ICT Zone Asia Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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