XOX Technology Berhad Balance Sheet Health
Financial Health criteria checks 6/6
XOX Technology Berhad has a total shareholder equity of MYR46.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR110.8M and MYR64.7M respectively. XOX Technology Berhad's EBIT is MYR33.3M making its interest coverage ratio 585.9. It has cash and short-term investments of MYR22.6M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | 585.9x |
| Cash | RM 22.58m |
| Equity | RM 46.13m |
| Total liabilities | RM 64.69m |
| Total assets | RM 110.82m |
Recent financial health updates
No updates
Recent updates
The Strong Earnings Posted By XOX Technology Berhad (KLSE:XOXTECH) Are A Good Indication Of The Strength Of The Business
Sep 06
Earnings Not Telling The Story For XOX Technology Berhad (KLSE:XOXTECH)
Apr 22Subdued Growth No Barrier To XOX Technology Berhad (KLSE:XOXTECH) With Shares Advancing 40%
Dec 29The Market Doesn't Like What It Sees From XOX Technology Berhad's (KLSE:XOXTECH) Revenues Yet
Jul 14Financial Position Analysis
Short Term Liabilities: XOXTECH's short term assets (MYR105.7M) exceed its short term liabilities (MYR64.1M).
Long Term Liabilities: XOXTECH's short term assets (MYR105.7M) exceed its long term liabilities (MYR574.8K).
Debt to Equity History and Analysis
Debt Level: XOXTECH is debt free.
Reducing Debt: XOXTECH has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
Debt Coverage: XOXTECH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: XOXTECH has no debt, therefore coverage of interest payments is not a concern.