AGX Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
AGX Group Berhad has a total shareholder equity of MYR51.8M and total debt of MYR13.5M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are MYR100.1M and MYR48.3M respectively. AGX Group Berhad's EBIT is MYR22.4M making its interest coverage ratio 15.7. It has cash and short-term investments of MYR11.6M.
Key information
26.1%
Debt to equity ratio
RM13.54m
Debt
| Interest coverage ratio | 15.7x |
| Cash | RM11.57m |
| Equity | RM51.81m |
| Total liabilities | RM48.31m |
| Total assets | RM100.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGX's short term assets (MYR80.4M) exceed its short term liabilities (MYR41.1M).
Long Term Liabilities: AGX's short term assets (MYR80.4M) exceed its long term liabilities (MYR7.2M).
Debt to Equity History and Analysis
Debt Level: AGX's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AGX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AGX's debt is well covered by operating cash flow (23.9%).
Interest Coverage: AGX's interest payments on its debt are well covered by EBIT (15.7x coverage).