Radiant Globaltech Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Radiant Globaltech Berhad has a total shareholder equity of MYR73.8M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR114.4M and MYR40.6M respectively. Radiant Globaltech Berhad's EBIT is MYR13.4M making its interest coverage ratio 138.5. It has cash and short-term investments of MYR31.1M.

Key information

Debt to equity ratio

RM0

Debt

Interest coverage ratio	138.5x
Cash	RM31.10m
Equity	RM73.85m
Total liabilities	RM40.59m
Total assets	RM114.44m

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

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

May 16

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

Jun 20

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

Dec 17

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

Aug 30

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

Apr 06

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

Mar 01

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

Jan 12

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

Nov 19

Financial Position Analysis

Short Term Liabilities: RGTECH's short term assets (MYR81.8M) exceed its short term liabilities (MYR38.4M).

Long Term Liabilities: RGTECH's short term assets (MYR81.8M) exceed its long term liabilities (MYR2.2M).

Debt to Equity History and Analysis

Debt Level: RGTECH is debt free.

Reducing Debt: RGTECH has no debt compared to 5 years ago when its debt to equity ratio was 3.4%.

Debt Coverage: RGTECH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RGTECH has no debt, therefore coverage of interest payments is not a concern.

Radiant Globaltech Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Radiant Globaltech Berhad, Annual General Meeting, Jun 14, 2024

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

Full year 2023 earnings released: EPS: RM0.014 (vs RM0.014 in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.002 (vs RM0.003 in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.002 (vs RM0.004 in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0.004 (vs RM0.003 in 1Q 2022)

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

Radiant Globaltech Berhad Appoints Lee Siew Fun as Joint Secretary

Radiant Globaltech Berhad (KLSE:RGTECH) entered into a conditional share purchase agreement to acquire the remaining 20% stake in Grand-Flo Spritvest Sdn. Bhd. from Jejaka 7 Connection Sdn Bhd for approximately MYR 12.6 million.

Full year 2022 earnings released: EPS: RM0.014 (vs RM0.014 in FY 2021)

Third quarter 2022 earnings released: EPS: RM0.003 (vs RM0.001 in 3Q 2021)

Insufficient new directors

Second quarter 2022 earnings released: EPS: RM0.004 (vs RM0.002 in 2Q 2021)

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

First quarter 2022 earnings released: EPS: RM0.003 (vs RM0.004 in 1Q 2021)

Radiant Globaltech Berhad, Annual General Meeting, Jun 24, 2022

Insufficient new directors

Radiant Globaltech Berhad First Interim Single-Tier Dividend, Payable on 07 June 2022

Radiant Globaltech Berhad Appoints Cheng Ping Liong as Group Chief Executive Officer

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

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

Radiant Globaltech Berhad (KLSE:RGTECH) acquired 70% stake in World Pos Sdn Bhd from Jejak Menang Sdn bhd.

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

Second quarter 2021 earnings released: EPS RM0.002 (vs RM0.001 loss in 2Q 2020)

Radiant Globaltech Berhad (KLSE:RGTECH) acquired a 70% stake in ARMS Software International Sdn Bhd from Lee Thiam Sew for MYR 1.9 million.

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

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

Full year 2020 earnings released: EPS RM0.003 (vs RM0.011 in FY 2019)

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?

New 90-day high: RM0.40

Radiant Globaltech Berhad (KLSE:RGTECH) completed the acquisition of 80% stake in Grand-flo Spritvest Sdn.bhd. from Grand-Flo Berhad (KLSE:GRANFLO).

New 90-day low: RM0.32

Radiant Globaltech Berhad (KLSE:RGTECH) entered into an agreement to acquire 80% stake in Grand-flo Spritvest Sdn.bhd. from Grand-Flo Berhad (KLSE:GRANFLO) for MYR 11.6 million.

First half earnings released

New 90-day high - RM0.42

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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