Silver Ridge Holdings Bhd Balance Sheet Health
Financial Health criteria checks 5/6
Silver Ridge Holdings Bhd has a total shareholder equity of MYR21.3M and total debt of MYR3.4M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are MYR38.0M and MYR16.7M respectively. Silver Ridge Holdings Bhd's EBIT is MYR972.5K making its interest coverage ratio 2. It has cash and short-term investments of MYR4.3M.
Key information
16.0%
Debt to equity ratio
RM 3.40m
Debt
| Interest coverage ratio | 2x |
| Cash | RM 4.26m |
| Equity | RM 21.28m |
| Total liabilities | RM 16.67m |
| Total assets | RM 37.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRIDGE's short term assets (MYR25.7M) exceed its short term liabilities (MYR12.9M).
Long Term Liabilities: SRIDGE's short term assets (MYR25.7M) exceed its long term liabilities (MYR3.8M).
Debt to Equity History and Analysis
Debt Level: SRIDGE has more cash than its total debt.
Reducing Debt: SRIDGE's debt to equity ratio has reduced from 27.6% to 16% 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: SRIDGE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SRIDGE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.2% each year