IQ Group Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
IQ Group Holdings Berhad has a total shareholder equity of MYR128.5M and total debt of MYR1.2M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are MYR152.1M and MYR23.6M respectively. IQ Group Holdings Berhad's EBIT is MYR18.6M making its interest coverage ratio -36.8. It has cash and short-term investments of MYR59.8M.
Key information
1.0%
Debt to equity ratio
RM 1.24m
Debt
| Interest coverage ratio | -36.8x |
| Cash | RM 59.77m |
| Equity | RM 128.47m |
| Total liabilities | RM 23.58m |
| Total assets | RM 152.05m |
Recent financial health updates
Recent updates
IQ Group Holdings Berhad (KLSE:IQGROUP) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Oct 15
Lacklustre Performance Is Driving IQ Group Holdings Berhad's (KLSE:IQGROUP) Low P/S
Jan 30There's Been No Shortage Of Growth Recently For IQ Group Holdings Berhad's (KLSE:IQGROUP) Returns On Capital
Nov 09The Returns On Capital At IQ Group Holdings Berhad (KLSE:IQGROUP) Don't Inspire Confidence
Feb 26Capital Allocation Trends At IQ Group Holdings Berhad (KLSE:IQGROUP) Aren't Ideal
Aug 24Does IQ Group Holdings Berhad's (KLSE:IQGROUP) CEO Salary Compare Well With Industry Peers?
Jan 19
IQ Group Holdings Berhad (KLSE:IQGROUP) Has Debt But No Earnings; Should You Worry?
Nov 27Financial Position Analysis
Short Term Liabilities: IQGROUP's short term assets (MYR132.8M) exceed its short term liabilities (MYR21.4M).
Long Term Liabilities: IQGROUP's short term assets (MYR132.8M) exceed its long term liabilities (MYR2.2M).
Debt to Equity History and Analysis
Debt Level: IQGROUP has more cash than its total debt.
Reducing Debt: IQGROUP's debt to equity ratio has increased from 0% to 1% over the past 5 years.
Debt Coverage: IQGROUP's debt is well covered by operating cash flow (842.7%).
Interest Coverage: IQGROUP earns more interest than it pays, so coverage of interest payments is not a concern.