Silver Ridge Holdings Bhd Balance Sheet Health
Financial Health criteria checks 4/6
Silver Ridge Holdings Bhd has a total shareholder equity of MYR21.0M and total debt of MYR2.0M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are MYR33.4M and MYR12.4M respectively.
Key information
9.5%
Debt to equity ratio
RM2.00m
Debt
Interest coverage ratio | n/a |
Cash | RM3.66m |
Equity | RM21.04m |
Total liabilities | RM12.39m |
Total assets | RM33.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRIDGE's short term assets (MYR31.1M) exceed its short term liabilities (MYR10.7M).
Long Term Liabilities: SRIDGE's short term assets (MYR31.1M) exceed its long term liabilities (MYR1.7M).
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 37% to 9.5% 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 less than a year of cash runway 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 36.4% each year