IRIS Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
IRIS Berhad has a total shareholder equity of MYR390.5M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR644.0M and MYR253.5M respectively. IRIS Berhad's EBIT is MYR45.8M making its interest coverage ratio -11. It has cash and short-term investments of MYR162.3M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | -11x |
| Cash | RM 162.28m |
| Equity | RM 390.51m |
| Total liabilities | RM 253.51m |
| Total assets | RM 644.02m |
Recent financial health updates
IRIS Corporation Berhad (KLSE:IRIS) Seems To Use Debt Quite Sensibly
Jul 15
Is IRIS Corporation Berhad (KLSE:IRIS) Using Debt In A Risky Way?
Jul 14IRIS Corporation Berhad (KLSE:IRIS) Has A Pretty Healthy Balance Sheet
Mar 22Does IRIS Corporation Berhad (KLSE:IRIS) Have A Healthy Balance Sheet?
Dec 06Recent updates
IRIS Corporation Berhad's (KLSE:IRIS) Earnings Seem To Be Promising
Sep 06Lacklustre Performance Is Driving IRIS Corporation Berhad's (KLSE:IRIS) 27% Price Drop
Aug 18If EPS Growth Is Important To You, IRIS Corporation Berhad (KLSE:IRIS) Presents An Opportunity
Jul 04IRIS Corporation Berhad (KLSE:IRIS) Stock Catapults 33% Though Its Price And Business Still Lag The Market
Jun 06Investor Optimism Abounds IRIS Corporation Berhad (KLSE:IRIS) But Growth Is Lacking
Apr 19Returns At IRIS Corporation Berhad (KLSE:IRIS) Are On The Way Up
Jan 18Shareholders Will Probably Hold Off On Increasing IRIS Corporation Berhad's (KLSE:IRIS) CEO Compensation For The Time Being
Sep 20Investors Will Want IRIS Corporation Berhad's (KLSE:IRIS) Growth In ROCE To Persist
Aug 11IRIS Corporation Berhad (KLSE:IRIS) Seems To Use Debt Quite Sensibly
Jul 15Is IRIS Corporation Berhad (KLSE:IRIS) Using Debt In A Risky Way?
Jul 14Returns On Capital Are Showing Encouraging Signs At IRIS Corporation Berhad (KLSE:IRIS)
Apr 17IRIS Corporation Berhad (KLSE:IRIS) Has A Pretty Healthy Balance Sheet
Mar 22Could The IRIS Corporation Berhad (KLSE:IRIS) Ownership Structure Tell Us Something Useful?
Feb 24Did You Miss IRIS Corporation Berhad's (KLSE:IRIS) Impressive 193% Share Price Gain?
Jan 28
What We Make Of IRIS Corporation Berhad's (KLSE:IRIS) Returns On Capital
Jan 02Does IRIS Corporation Berhad (KLSE:IRIS) Have A Healthy Balance Sheet?
Dec 06Financial Position Analysis
Short Term Liabilities: IRIS's short term assets (MYR460.4M) exceed its short term liabilities (MYR243.1M).
Long Term Liabilities: IRIS's short term assets (MYR460.4M) exceed its long term liabilities (MYR10.4M).
Debt to Equity History and Analysis
Debt Level: IRIS is debt free.
Reducing Debt: IRIS has no debt compared to 5 years ago when its debt to equity ratio was 19.5%.
Debt Coverage: IRIS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IRIS has no debt, therefore coverage of interest payments is not a concern.