XOX Technology Berhad Balance Sheet Health
Financial Health criteria checks 6/6
XOX Technology Berhad has a total shareholder equity of MYR34.5M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR95.2M and MYR60.7M respectively. XOX Technology Berhad's EBIT is MYR26.3M making its interest coverage ratio 434.6. It has cash and short-term investments of MYR21.3M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | 434.6x |
| Cash | RM21.34m |
| Equity | RM34.51m |
| Total liabilities | RM60.67m |
| Total assets | RM95.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: XOXTECH's short term assets (MYR91.0M) exceed its short term liabilities (MYR60.5M).
Long Term Liabilities: XOXTECH's short term assets (MYR91.0M) exceed its long term liabilities (MYR136.0K).
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.