IQ Group Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
IQ Group Holdings Berhad has a total shareholder equity of MYR128.3M and total debt of MYR1.7M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are MYR153.4M and MYR25.1M respectively. IQ Group Holdings Berhad's EBIT is MYR2.9M making its interest coverage ratio 14. It has cash and short-term investments of MYR58.3M.
Key information
1.4%
Debt to equity ratio
RM1.74m
Debt
| Interest coverage ratio | 14x |
| Cash | RM58.31m |
| Equity | RM128.34m |
| Total liabilities | RM25.11m |
| Total assets | RM153.44m |
Recent financial health updates
Recent updates
Lacklustre Performance Is Driving IQ Group Holdings Berhad's (KLSE:IQGROUP) Low P/S
Jan 30
There'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 (MYR134.5M) exceed its short term liabilities (MYR23.7M).
Long Term Liabilities: IQGROUP's short term assets (MYR134.5M) exceed its long term liabilities (MYR1.4M).
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 1.4% over the past 5 years.
Debt Coverage: IQGROUP's debt is well covered by operating cash flow (781.4%).
Interest Coverage: IQGROUP's interest payments on its debt are well covered by EBIT (14x coverage).