Cloudaron Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Cloudaron Group Berhad has a total shareholder equity of MYR64.2M and total debt of MYR2.6M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are MYR103.9M and MYR39.7M respectively. Cloudaron Group Berhad's EBIT is MYR1.4M making its interest coverage ratio 5.6. It has cash and short-term investments of MYR10.7M.
Key information
4.1%
Debt to equity ratio
RM 2.61m
Debt
| Interest coverage ratio | 5.6x |
| Cash | RM 10.69m |
| Equity | RM 64.21m |
| Total liabilities | RM 39.68m |
| Total assets | RM 103.89m |
Recent financial health updates
No updates
Recent updates
Further Upside For Cloudaron Group Berhad (KLSE:CLOUD) Shares Could Introduce Price Risks After 100% Bounce
Apr 08
Risks Still Elevated At These Prices As Cloudaron Group Berhad (KLSE:CLOUD) Shares Dive 33%
Mar 26Returns On Capital At Cloudaron Group Berhad (KLSE:CLOUD) Paint A Concerning Picture
Mar 25Financial Position Analysis
Short Term Liabilities: CLOUD's short term assets (MYR68.9M) exceed its short term liabilities (MYR39.0M).
Long Term Liabilities: CLOUD's short term assets (MYR68.9M) exceed its long term liabilities (MYR717.9K).
Debt to Equity History and Analysis
Debt Level: CLOUD has more cash than its total debt.
Reducing Debt: CLOUD's debt to equity ratio has increased from 3.1% to 4.1% over the past 5 years.
Debt Coverage: CLOUD's debt is not well covered by operating cash flow (20%).
Interest Coverage: CLOUD's interest payments on its debt are well covered by EBIT (5.6x coverage).