Yoong Onn Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Yoong Onn Berhad has a total shareholder equity of MYR313.8M and total debt of MYR1.6M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are MYR352.2M and MYR38.4M respectively. Yoong Onn Berhad's EBIT is MYR42.3M making its interest coverage ratio 67.4. It has cash and short-term investments of MYR155.6M.
Key information
0.5%
Debt to equity ratio
RM1.55m
Debt
| Interest coverage ratio | 67.4x |
| Cash | RM155.63m |
| Equity | RM313.75m |
| Total liabilities | RM38.44m |
| Total assets | RM352.20m |
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
Market 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 07Is Yoong Onn Corporation Berhad (KLSE:YOCB) A Smart Choice For Dividend Investors?
Dec 18
How Much Does Yoong Onn Corporation Berhad's (KLSE:YOCB) CEO Make?
Nov 27Financial Position Analysis
Short Term Liabilities: YOCB's short term assets (MYR283.8M) exceed its short term liabilities (MYR31.0M).
Long Term Liabilities: YOCB's short term assets (MYR283.8M) exceed its long term liabilities (MYR7.4M).
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 6% to 0.5% over the past 5 years.
Debt Coverage: YOCB's debt is well covered by operating cash flow (3834.3%).
Interest Coverage: YOCB's interest payments on its debt are well covered by EBIT (67.4x coverage).