Yoong Onn Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Yoong Onn Berhad has a total shareholder equity of MYR332.0M and total debt of MYR7.6M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are MYR401.5M and MYR69.5M respectively. Yoong Onn Berhad's EBIT is MYR37.5M making its interest coverage ratio 31.2. It has cash and short-term investments of MYR144.0M.
Key information
2.3%
Debt to equity ratio
RM 7.63m
Debt
| Interest coverage ratio | 31.2x |
| Cash | RM 144.03m |
| Equity | RM 332.01m |
| Total liabilities | RM 69.52m |
| Total assets | RM 401.53m |
Recent financial health updates
Does Yoong Onn Corporation Berhad (KLSE:YOCB) Have A Healthy Balance Sheet?
Nov 28
Yoong Onn Corporation Berhad (KLSE:YOCB) Seems To Use Debt Rather Sparingly
Jun 28Recent updates
Yoong Onn Corporation Berhad's (KLSE:YOCB) Soft Earnings Are Actually Better Than They Appear
Sep 05Why Investors Shouldn't Be Surprised By Yoong Onn Corporation Berhad's (KLSE:YOCB) Low P/E
Aug 05Yoong Onn Corporation Berhad (KLSE:YOCB) Is Due To Pay A Dividend Of MYR0.04
May 27Market Still Lacking Some Conviction On Yoong Onn Corporation Berhad (KLSE:YOCB)
Apr 04Yoong Onn Corporation Berhad (KLSE:YOCB) Is Paying Out A Larger Dividend Than Last Year
Dec 12Yoong Onn Corporation Berhad's (KLSE:YOCB) Upcoming Dividend Will Be Larger Than Last Year's
Nov 08Yoong Onn Corporation Berhad's (KLSE:YOCB) Dividend Will Be Increased To MYR0.04
Oct 25Yoong Onn Corporation Berhad (KLSE:YOCB) Hasn't Managed To Accelerate Its Returns
Sep 08Yoong Onn Corporation Berhad's (KLSE:YOCB) Dividend Will Be Increased To MYR0.035
Jun 11Yoong Onn Corporation Berhad's (KLSE:YOCB) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28Investors Will Want Yoong Onn Corporation Berhad's (KLSE:YOCB) Growth In ROCE To Persist
May 26Yoong Onn Corporation Berhad's (KLSE:YOCB) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 17Calculating The Intrinsic Value Of Yoong Onn Corporation Berhad (KLSE:YOCB)
Aug 30Yoong Onn Corporation Berhad (KLSE:YOCB) Has Announced That It Will Be Increasing Its Dividend To RM0.03
May 30Does Yoong Onn Corporation Berhad (KLSE:YOCB) Have A Healthy Balance Sheet?
Nov 28Yoong Onn Corporation Berhad (KLSE:YOCB) Has Re-Affirmed Its Dividend Of RM0.015
Oct 23Returns On Capital At Yoong Onn Corporation Berhad (KLSE:YOCB) Have Hit The Brakes
Sep 01Yoong Onn Corporation Berhad (KLSE:YOCB) Seems To Use Debt Rather Sparingly
Jun 28Key Things To Consider Before Buying Yoong Onn Corporation Berhad (KLSE:YOCB) For Its Dividend
Mar 24What Does Yoong Onn Corporation Berhad's (KLSE:YOCB) CEO Pay Reveal?
Feb 26The Trends At Yoong Onn Corporation Berhad (KLSE:YOCB) That You Should Know About
Jan 28Does Yoong Onn Corporation Berhad's (KLSE:YOCB) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 07Financial Position Analysis
Short Term Liabilities: YOCB's short term assets (MYR264.6M) exceed its short term liabilities (MYR48.8M).
Long Term Liabilities: YOCB's short term assets (MYR264.6M) exceed its long term liabilities (MYR20.8M).
Debt to Equity History and Analysis
Debt Level: YOCB has more cash than its total debt.
Reducing Debt: YOCB's debt to equity ratio has reduced from 4.1% to 2.3% over the past 5 years.
Debt Coverage: YOCB's debt is well covered by operating cash flow (874.2%).
Interest Coverage: YOCB's interest payments on its debt are well covered by EBIT (31.2x coverage).