ITMAX System Berhad Balance Sheet Health
Financial Health criteria checks 5/6
ITMAX System Berhad has a total shareholder equity of MYR350.6M and total debt of MYR51.5M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are MYR454.7M and MYR104.1M respectively. ITMAX System Berhad's EBIT is MYR82.7M making its interest coverage ratio -11.8. It has cash and short-term investments of MYR197.2M.
Key information
14.7%
Debt to equity ratio
RM 51.54m
Debt
| Interest coverage ratio | -11.8x |
| Cash | RM 197.21m |
| Equity | RM 350.57m |
| Total liabilities | RM 104.14m |
| Total assets | RM 454.71m |
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 (MYR300.4M) exceed its short term liabilities (MYR58.6M).
Long Term Liabilities: ITMAX's short term assets (MYR300.4M) exceed its long term liabilities (MYR45.6M).
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 (113.3%).
Interest Coverage: ITMAX earns more interest than it pays, so coverage of interest payments is not a concern.