V.S. Industry Berhad Balance Sheet Health

Financial Health criteria checks 5/6

V.S. Industry Berhad has a total shareholder equity of MYR2.3B and total debt of MYR915.6M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are MYR4.0B and MYR1.6B respectively. V.S. Industry Berhad's EBIT is MYR224.4M making its interest coverage ratio 9.9. It has cash and short-term investments of MYR745.3M.

Key information

39.0%

Debt to equity ratio

RM915.59m

Debt

Interest coverage ratio	9.9x
Cash	RM745.28m
Equity	RM2.35b
Total liabilities	RM1.61b
Total assets	RM3.96b

Recent financial health updates

We Think V.S. Industry Berhad (KLSE:VS) Can Stay On Top Of Its Debt

Sep 02

Here's Why V.S. Industry Berhad (KLSE:VS) Has A Meaningful Debt Burden

Nov 30

These 4 Measures Indicate That V.S. Industry Berhad (KLSE:VS) Is Using Debt Safely

Mar 17

Recent updates

Some May Be Optimistic About V.S. Industry Berhad's (KLSE:VS) Earnings

Apr 03

V.S. Industry Berhad (KLSE:VS) Has More To Do To Multiply In Value Going Forward

Oct 04

We Think V.S. Industry Berhad (KLSE:VS) Can Stay On Top Of Its Debt

Sep 02

What Does V.S. Industry Berhad's (KLSE:VS) Share Price Indicate?

Jun 16

V.S. Industry Berhad's (KLSE:VS) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 15

V.S. Industry Berhad's (KLSE:VS) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 01

V.S. Industry Berhad (KLSE:VS) Has Affirmed Its Dividend Of MYR0.004

Dec 01

Here's Why V.S. Industry Berhad (KLSE:VS) Has A Meaningful Debt Burden

Nov 30

V.S. Industry Berhad (KLSE:VS) Has Announced A Dividend Of MYR0.004

Sep 29

Is It Time To Consider Buying V.S. Industry Berhad (KLSE:VS)?

Sep 19

Capital Allocation Trends At V.S. Industry Berhad (KLSE:VS) Aren't Ideal

Aug 17

Do V.S. Industry Berhad's (KLSE:VS) Earnings Warrant Your Attention?

Jun 02

Are Investors Undervaluing V.S. Industry Berhad (KLSE:VS) By 49%?

Apr 13

These 4 Measures Indicate That V.S. Industry Berhad (KLSE:VS) Is Using Debt Safely

Mar 17

Returns On Capital Are Showing Encouraging Signs At V.S. Industry Berhad (KLSE:VS)

Mar 04

If You Like EPS Growth Then Check Out V.S. Industry Berhad (KLSE:VS) Before It's Too Late

Feb 20

Is Now The Time To Look At Buying V.S. Industry Berhad (KLSE:VS)?

Jan 13

Shareholders May Be More Conservative With V.S. Industry Berhad's (KLSE:VS) CEO Compensation For Now

Dec 31

V.S. Industry Berhad's (KLSE:VS) Returns Have Hit A Wall

Dec 03

Does V.S. Industry Berhad (KLSE:VS) Deserve A Spot On Your Watchlist?

Oct 22

At RM1.62, Is V.S. Industry Berhad (KLSE:VS) Worth Looking At Closely?

Oct 05

Does V.S. Industry Berhad (KLSE:VS) Have A Healthy Balance Sheet?

Sep 23

Return Trends At V.S. Industry Berhad (KLSE:VS) Aren't Appealing

Aug 31

Should You Be Adding V.S. Industry Berhad (KLSE:VS) To Your Watchlist Today?

Jun 27

Is V.S. Industry Berhad (KLSE:VS) A Risky Investment?

Jun 15

There Are Reasons To Feel Uneasy About V.S. Industry Berhad's (KLSE:VS) Returns On Capital

May 17

A Look At The Fair Value Of V.S. Industry Berhad (KLSE:VS)

Feb 03

V.S. Industry Berhad (KLSE:VS) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Jan 20

V.S. Industry Berhad (KLSE:VS) Has A Pretty Healthy Balance Sheet

Jan 05

How Much Is V.S. Industry Berhad's (KLSE:VS) CEO Getting Paid?

Dec 22

Financial Position Analysis

Short Term Liabilities: VS's short term assets (MYR2.6B) exceed its short term liabilities (MYR965.1M).

Long Term Liabilities: VS's short term assets (MYR2.6B) exceed its long term liabilities (MYR645.8M).

Debt to Equity History and Analysis

Debt Level: VS's net debt to equity ratio (7.3%) is considered satisfactory.

Reducing Debt: VS's debt to equity ratio has increased from 31.7% to 39% over the past 5 years.

Debt Coverage: VS's debt is well covered by operating cash flow (68.4%).

Interest Coverage: VS's interest payments on its debt are well covered by EBIT (9.9x coverage).

V.S. Industry Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

We Think V.S. Industry Berhad (KLSE:VS) Can Stay On Top Of Its Debt

Here's Why V.S. Industry Berhad (KLSE:VS) Has A Meaningful Debt Burden

These 4 Measures Indicate That V.S. Industry Berhad (KLSE:VS) Is Using Debt Safely

Does V.S. Industry Berhad (KLSE:VS) Have A Healthy Balance Sheet?

Is V.S. Industry Berhad (KLSE:VS) A Risky Investment?

V.S. Industry Berhad (KLSE:VS) Has A Pretty Healthy Balance Sheet

Recent updates

Some May Be Optimistic About V.S. Industry Berhad's (KLSE:VS) Earnings

Consensus EPS estimates fall by 10%

Dividend of RM0.003 announced

Second quarter 2024 earnings released: EPS: RM0.004 (vs RM0.008 in 2Q 2023)

V.S. Industry Berhad Appoints Madam Lee Li Ming as Independent and Non Executive Member of Audit Committee, Effective from 01 Feb. 2024

Dividend of RM0.003 announced

V.S. Industry Berhad Approves Final Dividend for the Financial Year Ended July 31, 2023

Consensus EPS estimates fall by 14%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

V.S. Industry Berhad, Annual General Meeting, Jan 05, 2024

V.S. Industry Berhad (KLSE:VS) Has More To Do To Multiply In Value Going Forward

Price target increased by 10% to RM0.99

Full year 2023 earnings released: EPS: RM0.048 (vs RM0.044 in FY 2022)

V.S. Industry Berhad Announces Fourth Interim Dividend for the Financial Year End 31 July 2023, Payable 27 October 2023

We Think V.S. Industry Berhad (KLSE:VS) Can Stay On Top Of Its Debt

V.S. Industry Berhad Appoints Dato' Lai Kim Seong as Independent and Non Executive Director

New minor risk - Earnings quality

V.S. Industry Berhad Declares Third Interim Dividend for the Evening Year Ended 31 July 2023, Payable on 28 July 2023

Third quarter 2023 earnings released: EPS: RM0.007 (vs RM0.013 in 3Q 2022)

What Does V.S. Industry Berhad's (KLSE:VS) Share Price Indicate?

Now 22% undervalued after recent price drop

Consensus EPS estimates fall by 13%

Price target decreased by 8.4% to RM0.94

Second quarter 2023 earnings released: EPS: RM0.008 (vs RM0.012 in 2Q 2022)

Now 20% undervalued after recent price drop

V.S. Industry Berhad's (KLSE:VS) Shareholders Will Receive A Bigger Dividend Than Last Year

V.S. Industry Berhad's (KLSE:VS) Shareholders Will Receive A Bigger Dividend Than Last Year

V.S. Industry Berhad Announces Appointment of Mr. Wee Beng Chuan as Independent and Non Executive Member of Nomination Committee

V.S. Industry Berhad Announces First Interim Dividend for the Financial Year Ended July 31, 2023, Payable on March 3, 2023

V.S. Industry Berhad (KLSE:VS) Has Affirmed Its Dividend Of MYR0.004

Full year 2022 earnings: EPS and revenues miss analyst expectations

Here's Why V.S. Industry Berhad (KLSE:VS) Has A Meaningful Debt Burden

V.S. Industry Berhad Announces Appointment of Mr. Wee Beng Chuan as Independent and Non Executive Director

Less than half of directors are independent

V.S. Industry Berhad (KLSE:VS) Has Announced A Dividend Of MYR0.004

V.S. Industry Berhad Proposes Final Dividend for the Financial Year Ended 31 July 2022, Payable on October 28, 2022

Full year 2022 earnings released: EPS: RM0.045 (vs RM0.066 in FY 2021)

Is It Time To Consider Buying V.S. Industry Berhad (KLSE:VS)?

V.S. Industry Berhad announces Writ and Statement of Claim from Nep Holdings (Malaysia) Berhad, Lim Chang Huat and Lim Chee Kon

Capital Allocation Trends At V.S. Industry Berhad (KLSE:VS) Aren't Ideal

Third quarter 2022 earnings released: EPS: RM0.013 (vs RM0.02 in 3Q 2021)

V.S. Industry Berhad Announces Third Interim Dividend for the Financial Year Ending July 31, 2022, Payable on 29 July 2022

V.S. Industry Berhad Announces Resignation of Dato Chang Lik Sean as Independent and Non Executive Member of Remuneration Committee

Do V.S. Industry Berhad's (KLSE:VS) Earnings Warrant Your Attention?

V.S. Industry Berhad Appoints Lim Boh Soon as Independent and Non Executive Member of Risk Committee

Price target decreased to RM1.35

Less than half of directors are independent

Are Investors Undervaluing V.S. Industry Berhad (KLSE:VS) By 49%?

Price target decreased to RM1.37

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

These 4 Measures Indicate That V.S. Industry Berhad (KLSE:VS) Is Using Debt Safely

Price target decreased to RM1.59

Returns On Capital Are Showing Encouraging Signs At V.S. Industry Berhad (KLSE:VS)

If You Like EPS Growth Then Check Out V.S. Industry Berhad (KLSE:VS) Before It's Too Late

Is Now The Time To Look At Buying V.S. Industry Berhad (KLSE:VS)?

Shareholders May Be More Conservative With V.S. Industry Berhad's (KLSE:VS) CEO Compensation For Now

Consensus EPS estimates fall by 11%

Price target decreased to RM1.76

V.S. Industry Berhad's (KLSE:VS) Returns Have Hit A Wall

Full year 2021 earnings: EPS and revenues miss analyst expectations

Does V.S. Industry Berhad (KLSE:VS) Deserve A Spot On Your Watchlist?

At RM1.62, Is V.S. Industry Berhad (KLSE:VS) Worth Looking At Closely?

Price target increased to RM1.88

Full year 2021 earnings released: EPS RM0.065 (vs RM0.032 in FY 2020)

Does V.S. Industry Berhad (KLSE:VS) Have A Healthy Balance Sheet?

Return Trends At V.S. Industry Berhad (KLSE:VS) Aren't Appealing

Should You Be Adding V.S. Industry Berhad (KLSE:VS) To Your Watchlist Today?

Third quarter 2021 earnings released: EPS RM0.039 (vs RM0.005 loss in 3Q 2020)

Is V.S. Industry Berhad (KLSE:VS) A Risky Investment?