LYC Healthcare Berhad Balance Sheet Health
Financial Health criteria checks 3/6
LYC Healthcare Berhad has a total shareholder equity of MYR80.0M and total debt of MYR78.3M, which brings its debt-to-equity ratio to 98%. Its total assets and total liabilities are MYR221.0M and MYR141.0M respectively. LYC Healthcare Berhad's EBIT is MYR3.9M making its interest coverage ratio 0.4. It has cash and short-term investments of MYR24.2M.
Key information
98.0%
Debt to equity ratio
RM78.34m
Debt
| Interest coverage ratio | 0.4x |
| Cash | RM24.18m |
| Equity | RM79.96m |
| Total liabilities | RM141.00m |
| Total assets | RM220.95m |
Recent financial health updates
Does LYC Healthcare Berhad (KLSE:LYC) Have A Healthy Balance Sheet?
Nov 01
Is LYC Healthcare Berhad (KLSE:LYC) Using Too Much Debt?
Jul 04Is LYC Healthcare Berhad (KLSE:LYC) A Risky Investment?
Mar 26Here's Why LYC Healthcare Berhad (KLSE:LYC) Is Weighed Down By Its Debt Load
Sep 10Does LYC Healthcare Berhad (KLSE:LYC) Have A Healthy Balance Sheet?
Nov 29Is LYC Healthcare Berhad (KLSE:LYC) Using Too Much Debt?
Jun 13Recent updates
LYC Healthcare Berhad (KLSE:LYC) Doing What It Can To Lift Shares
Apr 30Does LYC Healthcare Berhad (KLSE:LYC) Have A Healthy Balance Sheet?
Nov 01LYC Healthcare Berhad's (KLSE:LYC) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 14Is LYC Healthcare Berhad (KLSE:LYC) Using Too Much Debt?
Jul 04Is LYC Healthcare Berhad (KLSE:LYC) A Risky Investment?
Mar 26LYC Healthcare Berhad's (KLSE:LYC) Returns On Capital Are Heading Higher
Feb 01It's Unlikely That The CEO Of LYC Healthcare Berhad (KLSE:LYC) Will See A Huge Pay Rise This Year
Sep 15Here's Why LYC Healthcare Berhad (KLSE:LYC) Is Weighed Down By Its Debt Load
Sep 10Investors Will Want LYC Healthcare Berhad's (KLSE:LYC) Growth In ROCE To Persist
May 11Does LYC Healthcare Berhad (KLSE:LYC) Have A Healthy Balance Sheet?
Nov 29Is LYC Healthcare Berhad (KLSE:LYC) Using Too Much Debt?
Jun 13How Should Investors React To LYC Healthcare Berhad's (KLSE:LYC) CEO Pay?
Mar 01Financial Position Analysis
Short Term Liabilities: LYC's short term assets (MYR61.3M) exceed its short term liabilities (MYR54.1M).
Long Term Liabilities: LYC's short term assets (MYR61.3M) do not cover its long term liabilities (MYR86.9M).
Debt to Equity History and Analysis
Debt Level: LYC's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: LYC's debt to equity ratio has increased from 7.2% to 98% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LYC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LYC has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 25.5% each year.