Solution Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Solution Group Berhad has a total shareholder equity of MYR84.7M and total debt of MYR7.3M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are MYR116.8M and MYR32.1M respectively. Solution Group Berhad's EBIT is MYR5.0M making its interest coverage ratio -49.2. It has cash and short-term investments of MYR14.1M.
Key information
8.6%
Debt to equity ratio
RM7.33m
Debt
Interest coverage ratio | -49.2x |
Cash | RM14.05m |
Equity | RM84.71m |
Total liabilities | RM32.06m |
Total assets | RM116.77m |
Recent financial health updates
Solution Group Berhad (KLSE:SOLUTN) Seems To Use Debt Quite Sensibly
Feb 07Is Solution Group Berhad (KLSE:SOLUTN) Weighed On By Its Debt Load?
Mar 19Recent updates
Take Care Before Diving Into The Deep End On Solution Group Berhad (KLSE:SOLUTN)
Apr 26With Solution Group Berhad (KLSE:SOLUTN) It Looks Like You'll Get What You Pay For
Jun 16Solution Group Berhad (KLSE:SOLUTN) Could Become A Multi-Bagger
Feb 13Investors Shouldn't Overlook Solution Group Berhad's (KLSE:SOLUTN) Impressive Returns On Capital
Oct 24Calculating The Fair Value Of Solution Group Berhad (KLSE:SOLUTN)
Sep 02Returns On Capital Are A Standout For Solution Group Berhad (KLSE:SOLUTN)
Jul 05We Think Shareholders Should Be Aware Of Some Factors Beyond Solution Group Berhad's (KLSE:SOLUTN) Profit
Mar 07Solution Group Berhad (KLSE:SOLUTN) Seems To Use Debt Quite Sensibly
Feb 07Solution Group Berhad's (KLSE:SOLUTN) Returns On Capital Not Reflecting Well On The Business
Nov 30Is Solution Group Berhad (KLSE:SOLUTN) Weighed On By Its Debt Load?
Mar 19Could The Solution Group Berhad (KLSE:SOLUTN) Ownership Structure Tell Us Something Useful?
Jan 08Financial Position Analysis
Short Term Liabilities: SOLUTN's short term assets (MYR86.7M) exceed its short term liabilities (MYR26.4M).
Long Term Liabilities: SOLUTN's short term assets (MYR86.7M) exceed its long term liabilities (MYR5.7M).
Debt to Equity History and Analysis
Debt Level: SOLUTN has more cash than its total debt.
Reducing Debt: SOLUTN's debt to equity ratio has reduced from 15.4% to 8.6% over the past 5 years.
Debt Coverage: SOLUTN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SOLUTN earns more interest than it pays, so coverage of interest payments is not a concern.