Divfex Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Divfex Berhad has a total shareholder equity of MYR40.1M and total debt of MYR4.4M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are MYR63.5M and MYR23.4M respectively. Divfex Berhad's EBIT is MYR10.5M making its interest coverage ratio -60.4. It has cash and short-term investments of MYR14.5M.
Key information
11.0%
Debt to equity ratio
RM4.42m
Debt
Interest coverage ratio | -60.4x |
Cash | RM14.55m |
Equity | RM40.11m |
Total liabilities | RM23.35m |
Total assets | RM63.46m |
Recent financial health updates
Divfex Berhad (KLSE:DFX) Has A Rock Solid Balance Sheet
Dec 29Does Divfex Berhad (KLSE:DGSB) Have A Healthy Balance Sheet?
Sep 27Does Diversified Gateway Solutions Berhad (KLSE:DGSB) Have A Healthy Balance Sheet?
Nov 17Recent updates
There's No Escaping Divfex Berhad's (KLSE:DFX) Muted Earnings
Jan 30Divfex Berhad (KLSE:DFX) Has A Rock Solid Balance Sheet
Dec 29A Look At The Fair Value Of Divfex Berhad (KLSE:DFX)
Nov 02Does Divfex Berhad (KLSE:DGSB) Have A Healthy Balance Sheet?
Sep 27Does Diversified Gateway Solutions Berhad (KLSE:DGSB) Have A Healthy Balance Sheet?
Nov 17Financial Position Analysis
Short Term Liabilities: DFX's short term assets (MYR52.2M) exceed its short term liabilities (MYR22.9M).
Long Term Liabilities: DFX's short term assets (MYR52.2M) exceed its long term liabilities (MYR446.0K).
Debt to Equity History and Analysis
Debt Level: DFX has more cash than its total debt.
Reducing Debt: DFX's debt to equity ratio has increased from 5.5% to 11% over the past 5 years.
Debt Coverage: DFX's debt is well covered by operating cash flow (55.8%).
Interest Coverage: DFX earns more interest than it pays, so coverage of interest payments is not a concern.