Sedania Innovator Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Sedania Innovator Berhad has a total shareholder equity of MYR60.1M and total debt of MYR13.0M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are MYR85.2M and MYR25.2M respectively. Sedania Innovator Berhad's EBIT is MYR6.4M making its interest coverage ratio 7.9. It has cash and short-term investments of MYR12.1M.
Key information
21.7%
Debt to equity ratio
RM13.03m
Debt
| Interest coverage ratio | 7.9x |
| Cash | RM12.13m |
| Equity | RM60.06m |
| Total liabilities | RM25.19m |
| Total assets | RM85.25m |
Recent financial health updates
Is Sedania Innovator Berhad (KLSE:SEDANIA) A Risky Investment?
Sep 29
Is Sedania Innovator Berhad (KLSE:SEDANIA) Using Too Much Debt?
Jun 08Is Sedania Innovator Berhad (KLSE:SEDANIA) A Risky Investment?
Jan 30Recent updates
Is Sedania Innovator Berhad (KLSE:SEDANIA) A Risky Investment?
Sep 29Is Sedania Innovator Berhad (KLSE:SEDANIA) Using Too Much Debt?
Jun 08Is Sedania Innovator Berhad (KLSE:SEDANIA) A Risky Investment?
Jan 30What Sedania Innovator Berhad's (KLSE:SEDANIA) P/E Is Not Telling You
Sep 08Shareholders Shouldn’t Be Too Comfortable With Sedania Innovator Berhad's (KLSE:SEDANIA) Strong Earnings
Mar 07Financial Position Analysis
Short Term Liabilities: SEDANIA's short term assets (MYR46.4M) exceed its short term liabilities (MYR17.1M).
Long Term Liabilities: SEDANIA's short term assets (MYR46.4M) exceed its long term liabilities (MYR8.1M).
Debt to Equity History and Analysis
Debt Level: SEDANIA's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: SEDANIA's debt to equity ratio has increased from 2.2% to 21.7% over the past 5 years.
Debt Coverage: SEDANIA's debt is well covered by operating cash flow (24%).
Interest Coverage: SEDANIA's interest payments on its debt are well covered by EBIT (7.9x coverage).