Systech Bhd Balance Sheet Health
Financial Health criteria checks 5/6
Systech Bhd has a total shareholder equity of MYR59.3M and total debt of MYR14.4M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are MYR101.8M and MYR42.4M respectively.
Key information
24.2%
Debt to equity ratio
RM 14.38m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 33.59m |
| Equity | RM 59.34m |
| Total liabilities | RM 42.44m |
| Total assets | RM 101.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SYSTECH's short term assets (MYR72.4M) exceed its short term liabilities (MYR28.9M).
Long Term Liabilities: SYSTECH's short term assets (MYR72.4M) exceed its long term liabilities (MYR13.5M).
Debt to Equity History and Analysis
Debt Level: SYSTECH has more cash than its total debt.
Reducing Debt: SYSTECH's debt to equity ratio has increased from 11.1% to 24.2% 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: SYSTECH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SYSTECH has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 8.8% each year.