Radiant Globaltech Berhad

KLSE:RGTECH Stock Report

Market Cap: RM189.1m

Radiant Globaltech Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Radiant Globaltech Berhad has a total shareholder equity of MYR74.5M and total debt of MYR576.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are MYR103.5M and MYR29.0M respectively. Radiant Globaltech Berhad's EBIT is MYR10.7M making its interest coverage ratio 89. It has cash and short-term investments of MYR33.2M.

Key information

0.8%

Debt to equity ratio

RM576.00k

Debt

Interest coverage ratio89x
CashRM33.15m
EquityRM74.48m
Total liabilitiesRM29.02m
Total assetsRM103.51m

Recent financial health updates

No updates

Recent updates

Radiant Globaltech Berhad (KLSE:RGTECH) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable

Mar 25
Radiant Globaltech Berhad (KLSE:RGTECH) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable

Returns On Capital Signal Tricky Times Ahead For Radiant Globaltech Berhad (KLSE:RGTECH)

May 16
Returns On Capital Signal Tricky Times Ahead For Radiant Globaltech Berhad (KLSE:RGTECH)

Radiant Globaltech Berhad (KLSE:RGTECH) Might Be Having Difficulty Using Its Capital Effectively

Jun 20
Radiant Globaltech Berhad (KLSE:RGTECH) Might Be Having Difficulty Using Its Capital Effectively

Radiant Globaltech Berhad's (KLSE:RGTECH) Returns On Capital Not Reflecting Well On The Business

Dec 17
Radiant Globaltech Berhad's (KLSE:RGTECH) Returns On Capital Not Reflecting Well On The Business

We Think Radiant Globaltech Berhad's (KLSE:RGTECH) Profit Is Only A Baseline For What They Can Achieve

Aug 30
We Think Radiant Globaltech Berhad's (KLSE:RGTECH) Profit Is Only A Baseline For What They Can Achieve

Radiant Globaltech Berhad (KLSE:RGTECH) Is Reinvesting At Lower Rates Of Return

Apr 06
Radiant Globaltech Berhad (KLSE:RGTECH) Is Reinvesting At Lower Rates Of Return

A Look At The Fair Value Of Radiant Globaltech Berhad (KLSE:RGTECH)

Mar 01
A Look At The Fair Value Of Radiant Globaltech Berhad (KLSE:RGTECH)

Radiant Globaltech Berhad's (KLSE:RGTECH) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Jan 12
Radiant Globaltech Berhad's (KLSE:RGTECH) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Is Radiant Globaltech Berhad (KLSE:RGTECH) Likely To Turn Things Around?

Nov 19
Is Radiant Globaltech Berhad (KLSE:RGTECH) Likely To Turn Things Around?

Financial Position Analysis

Short Term Liabilities: RGTECH's short term assets (MYR70.8M) exceed its short term liabilities (MYR27.3M).

Long Term Liabilities: RGTECH's short term assets (MYR70.8M) exceed its long term liabilities (MYR1.7M).


Debt to Equity History and Analysis

Debt Level: RGTECH has more cash than its total debt.

Reducing Debt: RGTECH's debt to equity ratio has reduced from 4.7% to 0.8% over the past 5 years.

Debt Coverage: RGTECH's debt is well covered by operating cash flow (1779.4%).

Interest Coverage: RGTECH's interest payments on its debt are well covered by EBIT (89x coverage).


Balance Sheet


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