Senheng New Retail Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Senheng New Retail Berhad has a total shareholder equity of MYR544.1M and total debt of MYR71.5M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are MYR897.8M and MYR353.7M respectively. Senheng New Retail Berhad's EBIT is MYR33.6M making its interest coverage ratio -51.9. It has cash and short-term investments of MYR104.8M.
Key information
13.1%
Debt to equity ratio
RM71.50m
Debt
Interest coverage ratio | -51.9x |
Cash | RM104.80m |
Equity | RM544.08m |
Total liabilities | RM353.67m |
Total assets | RM897.75m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SENHENG's short term assets (MYR509.0M) exceed its short term liabilities (MYR246.6M).
Long Term Liabilities: SENHENG's short term assets (MYR509.0M) exceed its long term liabilities (MYR107.1M).
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 19.3% to 13.1% over the past 5 years.
Debt Coverage: SENHENG's debt is well covered by operating cash flow (22%).
Interest Coverage: SENHENG earns more interest than it pays, so coverage of interest payments is not a concern.