Infoline Tec Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Infoline Tec Group Berhad has a total shareholder equity of MYR58.3M and total debt of MYR226.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are MYR79.7M and MYR21.4M respectively. Infoline Tec Group Berhad's EBIT is MYR25.8M making its interest coverage ratio 679. It has cash and short-term investments of MYR19.2M.
Key information
0.4%
Debt to equity ratio
RM226.00k
Debt
| Interest coverage ratio | 679x |
| Cash | RM19.23m |
| Equity | RM58.32m |
| Total liabilities | RM21.37m |
| Total assets | RM79.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INFOTEC's short term assets (MYR58.4M) exceed its short term liabilities (MYR16.5M).
Long Term Liabilities: INFOTEC's short term assets (MYR58.4M) exceed its long term liabilities (MYR4.9M).
Debt to Equity History and Analysis
Debt Level: INFOTEC has more cash than its total debt.
Reducing Debt: INFOTEC's debt to equity ratio has reduced from 52.4% to 0.4% over the past 5 years.
Debt Coverage: INFOTEC's debt is well covered by operating cash flow (2798.7%).
Interest Coverage: INFOTEC's interest payments on its debt are well covered by EBIT (679x coverage).