Ygl Convergence Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Ygl Convergence Berhad has a total shareholder equity of MYR14.5M and total debt of MYR1.1M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are MYR19.3M and MYR4.8M respectively.
Key information
7.6%
Debt to equity ratio
RM1.11m
Debt
Interest coverage ratio | n/a |
Cash | RM6.12m |
Equity | RM14.52m |
Total liabilities | RM4.76m |
Total assets | RM19.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YGL's short term assets (MYR10.5M) exceed its short term liabilities (MYR4.8M).
Long Term Liabilities: YGL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: YGL has more cash than its total debt.
Reducing Debt: YGL's debt to equity ratio has increased from 0% to 7.6% 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: Whilst unprofitable YGL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: YGL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.9% per year.