LGMS Berhad Balance Sheet Health
Financial Health criteria checks 6/6
LGMS Berhad has a total shareholder equity of MYR86.6M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR95.8M and MYR9.2M respectively. LGMS Berhad's EBIT is MYR14.5M making its interest coverage ratio -19.7. It has cash and short-term investments of MYR74.5M.
Key information
0%
Debt to equity ratio
RM0
Debt
Interest coverage ratio | -19.7x |
Cash | RM74.51m |
Equity | RM86.58m |
Total liabilities | RM9.21m |
Total assets | RM95.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LGMS's short term assets (MYR86.5M) exceed its short term liabilities (MYR8.7M).
Long Term Liabilities: LGMS's short term assets (MYR86.5M) exceed its long term liabilities (MYR517.0K).
Debt to Equity History and Analysis
Debt Level: LGMS is debt free.
Reducing Debt: LGMS has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
Debt Coverage: LGMS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LGMS has no debt, therefore coverage of interest payments is not a concern.