Securemetric Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Securemetric Berhad has a total shareholder equity of MYR41.5M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR70.9M and MYR29.5M respectively.

Key information

Debt to equity ratio

RM0

Debt

Interest coverage ratio	n/a
Cash	RM21.97m
Equity	RM41.47m
Total liabilities	RM29.47m
Total assets	RM70.94m

Recent financial health updates

Securemetric Berhad (KLSE:SMETRIC) Is In A Strong Position To Grow Its Business

Apr 22

Recent updates

Securemetric Berhad (KLSE:SMETRIC) Is In A Strong Position To Grow Its Business

Apr 22

Financial Position Analysis

Short Term Liabilities: SMETRIC's short term assets (MYR53.2M) exceed its short term liabilities (MYR28.0M).

Long Term Liabilities: SMETRIC's short term assets (MYR53.2M) exceed its long term liabilities (MYR1.5M).

Debt to Equity History and Analysis

Debt Level: SMETRIC is debt free.

Reducing Debt: SMETRIC has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.

Debt Coverage: SMETRIC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SMETRIC has no debt, therefore coverage of interest payments is not a concern.

Securemetric Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Securemetric Berhad (KLSE:SMETRIC) Is In A Strong Position To Grow Its Business

Recent updates

First quarter 2024 earnings released: EPS: RM0 (vs RM0.002 loss in 1Q 2023)

Insufficient new directors

Securemetric Berhad (KLSE:SMETRIC) Is In A Strong Position To Grow Its Business

New minor risk - Share price stability

Full year 2023 earnings released: RM0.001 loss per share (vs RM0.003 loss in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.003 (vs RM0.001 in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.002 (vs RM0.004 loss in 2Q 2022)

New major risk - Share price stability

First quarter 2023 earnings released

Full year 2022 earnings released: RM0.003 loss per share (vs RM0.003 loss in FY 2021)

Third quarter 2022 earnings released: EPS: RM0.001 (vs RM0 in 3Q 2021)

Securemetric Berhad (KLSE:SMETRIC) completed the acquisition of 5% stake in ACE Digital Revolution Group Limited from Leong Wei Ping.

Securemetric Berhad (KLSE:SMETRIC) agreed to acquire 5% stake in ACE Digital Revolution Group Limited from Leong Wei Ping for RMB 4 million.

Second quarter 2022 earnings released: RM0.004 loss per share (vs RM0.002 loss in 2Q 2021)

First quarter 2022 earnings released: RM0.001 loss per share (vs RM0.002 loss in 1Q 2021)

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Securemetric Berhad (KLSE:SMETRIC) entered in a Share Sale and Purchase Agreement to acquire 10% stake in Innov8tif Solutions from Cha Weay Chia for MYR 4 million.

Second quarter 2021 earnings released: RM0.002 loss per share (vs RM0.001 profit in 2Q 2020)

Independent Non- Executive Director Mohamad Rizatuddin Bin Mohamed Ramli has left the company

First quarter 2021 earnings released: RM0.001 loss per share (vs RM0.004 loss in 1Q 2020)

Full year 2020 earnings released: RM0.009 loss per share (vs RM0.004 profit in FY 2019)

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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