SKP Resources Bhd Balance Sheet Health
Financial Health criteria checks 5/6
SKP Resources Bhd has a total shareholder equity of MYR870.1M and total debt of MYR62.7M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are MYR1.3B and MYR425.7M respectively. SKP Resources Bhd's EBIT is MYR97.8M making its interest coverage ratio -42.2. It has cash and short-term investments of MYR191.6M.
Key information
7.2%
Debt to equity ratio
RM62.70m
Debt
| Interest coverage ratio | -42.2x |
| Cash | RM191.58m |
| Equity | RM870.11m |
| Total liabilities | RM425.70m |
| Total assets | RM1.30b |
Recent financial health updates
Recent updates
We Think SKP Resources Bhd (KLSE:SKPRES) Can Stay On Top Of Its Debt
Apr 24
There Are Reasons To Feel Uneasy About SKP Resources Bhd's (KLSE:SKPRES) Returns On Capital
Mar 21Investors Still Aren't Entirely Convinced By SKP Resources Bhd's (KLSE:SKPRES) Earnings Despite 26% Price Jump
Mar 21At RM0.81, Is SKP Resources Bhd (KLSE:SKPRES) Worth Looking At Closely?
Oct 27SKP Resources Bhd's (KLSE:SKPRES) Dividend Will Be Reduced To MYR0.045
Aug 28SKP Resources Bhd (KLSE:SKPRES) Is Paying Out Less In Dividends Than Last Year
Jul 31Analysts Just Shaved Their SKP Resources Bhd (KLSE:SKPRES) Forecasts Dramatically
Jun 05Calculating The Intrinsic Value Of SKP Resources Bhd (KLSE:SKPRES)
May 18Capital Investments At SKP Resources Bhd (KLSE:SKPRES) Point To A Promising Future
Feb 23SKP Resources Bhd's (KLSE:SKPRES) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 21SKP Resources Bhd's (KLSE:SKPRES) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 31At RM1.37, Is It Time To Put SKP Resources Bhd (KLSE:SKPRES) On Your Watch List?
May 12A Look Into SKP Resources Bhd's (KLSE:SKPRES) Impressive Returns On Capital
Feb 24A Look Into SKP Resources Bhd's (KLSE:SKPRES) Impressive Returns On Capital
Nov 25SKP Resources Bhd's (KLSE:SKPRES) Dividend Will Be Increased To RM0.043
Sep 28SKP Resources Bhd's (KLSE:SKPRES) Dividend Will Be Increased To RM0.043
Sep 14SKP Resources Bhd (KLSE:SKPRES) Is Increasing Its Dividend To RM0.043
Aug 31A Look Into SKP Resources Bhd's (KLSE:SKPRES) Impressive Returns On Capital
Jun 25Is Now An Opportune Moment To Examine SKP Resources Bhd (KLSE:SKPRES)?
May 26How Much Of SKP Resources Bhd (KLSE:SKPRES) Do Insiders Own?
Jan 06
Is SKP Resources Bhd (KLSE:SKPRES) Worth RM2.1 Based On Its Intrinsic Value?
Dec 23We're Not Counting On SKP Resources Bhd (KLSE:SKPRES) To Sustain Its Statutory Profitability
Dec 09SKP Resources Bhd's (KLSE:SKPRES) Stock Is Going Strong: Have Financials A Role To Play?
Nov 24Financial Position Analysis
Short Term Liabilities: SKPRES's short term assets (MYR874.4M) exceed its short term liabilities (MYR397.9M).
Long Term Liabilities: SKPRES's short term assets (MYR874.4M) exceed its long term liabilities (MYR27.8M).
Debt to Equity History and Analysis
Debt Level: SKPRES has more cash than its total debt.
Reducing Debt: SKPRES's debt to equity ratio has increased from 0% to 7.2% over the past 5 years.
Debt Coverage: SKPRES's debt is well covered by operating cash flow (499%).
Interest Coverage: SKPRES earns more interest than it pays, so coverage of interest payments is not a concern.