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
RM 576.00k
Debt
| Interest coverage ratio | 89x |
| Cash | RM 33.15m |
| Equity | RM 74.48m |
| Total liabilities | RM 29.02m |
| Total assets | RM 103.51m |
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
Returns On Capital Signal Tricky Times Ahead For Radiant Globaltech Berhad (KLSE:RGTECH)
May 16Radiant Globaltech Berhad (KLSE:RGTECH) Might Be Having Difficulty Using Its Capital Effectively
Jun 20Radiant Globaltech Berhad's (KLSE:RGTECH) Returns On Capital Not Reflecting Well On The Business
Dec 17We Think Radiant Globaltech Berhad's (KLSE:RGTECH) Profit Is Only A Baseline For What They Can Achieve
Aug 30Radiant Globaltech Berhad (KLSE:RGTECH) Is Reinvesting At Lower Rates Of Return
Apr 06A Look At The Fair Value Of Radiant Globaltech Berhad (KLSE:RGTECH)
Mar 01Radiant 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 19Financial 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).