Senheng New Retail Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Senheng New Retail Berhad has a total shareholder equity of MYR545.9M and total debt of MYR75.6M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are MYR896.5M and MYR350.5M respectively. Senheng New Retail Berhad's EBIT is MYR29.5M making its interest coverage ratio 44.8. It has cash and short-term investments of MYR89.3M.
Key information
13.8%
Debt to equity ratio
RM 75.60m
Debt
| Interest coverage ratio | 44.8x |
| Cash | RM 89.31m |
| Equity | RM 545.91m |
| Total liabilities | RM 350.55m |
| Total assets | RM 896.46m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SENHENG's short term assets (MYR506.6M) exceed its short term liabilities (MYR244.1M).
Long Term Liabilities: SENHENG's short term assets (MYR506.6M) exceed its long term liabilities (MYR106.4M).
Debt to Equity History and Analysis
Debt Level: SENHENG has more cash than its total debt.
Reducing Debt: SENHENG's debt to equity ratio has reduced from 30.9% to 13.8% over the past 5 years.
Debt Coverage: SENHENG's debt is well covered by operating cash flow (56.5%).
Interest Coverage: SENHENG's interest payments on its debt are well covered by EBIT (44.8x coverage).