SL Innovation Capital Berhad Balance Sheet Health
Financial Health criteria checks 6/6
SL Innovation Capital Berhad has a total shareholder equity of MYR17.3M and total debt of MYR1.2M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are MYR22.8M and MYR5.6M respectively. SL Innovation Capital Berhad's EBIT is MYR5.6M making its interest coverage ratio 99.4. It has cash and short-term investments of MYR7.6M.
Key information
7.1%
Debt to equity ratio
RM 1.22m
Debt
Interest coverage ratio | 99.4x |
Cash | RM 7.56m |
Equity | RM 17.27m |
Total liabilities | RM 5.58m |
Total assets | RM 22.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLIC's short term assets (MYR14.7M) exceed its short term liabilities (MYR4.3M).
Long Term Liabilities: SLIC's short term assets (MYR14.7M) exceed its long term liabilities (MYR1.3M).
Debt to Equity History and Analysis
Debt Level: SLIC has more cash than its total debt.
Reducing Debt: SLIC's debt to equity ratio has reduced from 8.8% to 7.1% over the past 5 years.
Debt Coverage: SLIC's debt is well covered by operating cash flow (277.5%).
Interest Coverage: SLIC's interest payments on its debt are well covered by EBIT (99.4x coverage).