ITMAX System Berhad Balance Sheet Health
Financial Health criteria checks 5/6
ITMAX System Berhad has a total shareholder equity of MYR393.5M and total debt of MYR47.1M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are MYR483.3M and MYR89.8M respectively. ITMAX System Berhad's EBIT is MYR98.1M making its interest coverage ratio -13.8. It has cash and short-term investments of MYR154.3M.
Key information
12.0%
Debt to equity ratio
RM 47.10m
Debt
| Interest coverage ratio | -13.8x |
| Cash | RM 154.31m |
| Equity | RM 393.54m |
| Total liabilities | RM 89.77m |
| Total assets | RM 483.31m |
Recent financial health updates
Recent updates
ITMAX System Berhad (KLSE:ITMAX) Seems To Use Debt Quite Sensibly
Aug 12
We Like ITMAX System Berhad's (KLSE:ITMAX) Returns And Here's How They're Trending
Jul 15There May Be Underlying Issues With The Quality Of ITMAX System Berhad's (KLSE:ITMAX) Earnings
Jun 03ITMAX System Berhad's (KLSE:ITMAX) 27% Jump Shows Its Popularity With Investors
Feb 22Financial Position Analysis
Short Term Liabilities: ITMAX's short term assets (MYR309.3M) exceed its short term liabilities (MYR51.1M).
Long Term Liabilities: ITMAX's short term assets (MYR309.3M) exceed its long term liabilities (MYR38.7M).
Debt to Equity History and Analysis
Debt Level: ITMAX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ITMAX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ITMAX's debt is well covered by operating cash flow (59.5%).
Interest Coverage: ITMAX earns more interest than it pays, so coverage of interest payments is not a concern.