Ancom Logistics Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Ancom Logistics Berhad has a total shareholder equity of MYR28.3M and total debt of MYR10.2M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are MYR52.9M and MYR24.5M respectively. Ancom Logistics Berhad's EBIT is MYR1.4M making its interest coverage ratio 4.4. It has cash and short-term investments of MYR4.8M.
Key information
36.1%
Debt to equity ratio
RM10.23m
Debt
| Interest coverage ratio | 4.4x |
| Cash | RM4.77m |
| Equity | RM28.32m |
| Total liabilities | RM24.54m |
| Total assets | RM52.86m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ANCOMLB's short term assets (MYR19.7M) exceed its short term liabilities (MYR10.9M).
Long Term Liabilities: ANCOMLB's short term assets (MYR19.7M) exceed its long term liabilities (MYR13.6M).
Debt to Equity History and Analysis
Debt Level: ANCOMLB's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: ANCOMLB's debt to equity ratio has increased from 16.8% to 36.1% over the past 5 years.
Debt Coverage: ANCOMLB's debt is well covered by operating cash flow (93.2%).
Interest Coverage: ANCOMLB's interest payments on its debt are well covered by EBIT (4.4x coverage).