ILB Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
ILB Group Berhad has a total shareholder equity of MYR233.6M and total debt of MYR23.3M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are MYR263.0M and MYR29.4M respectively. ILB Group Berhad's EBIT is MYR2.4M making its interest coverage ratio 0.8. It has cash and short-term investments of MYR56.0M.
Key information
10.0%
Debt to equity ratio
RM23.34m
Debt
| Interest coverage ratio | 0.8x |
| Cash | RM56.02m |
| Equity | RM233.62m |
| Total liabilities | RM29.39m |
| Total assets | RM263.00m |
Recent financial health updates
Is ILB Group Berhad (KLSE:ILB) Using Too Much Debt?
Aug 31
Here's Why ILB Group Berhad (KLSE:ILB) Can Manage Its Debt Despite Losing Money
Feb 15ILB Group Berhad (KLSE:ILB) Is Using Debt Safely
Oct 06Does ILB Group Berhad (KLSE:ILB) Have A Healthy Balance Sheet?
Jun 16Here's Why Integrated Logistics Berhad (KLSE:ILB) Can Manage Its Debt Responsibly
Feb 25Is Integrated Logistics Berhad (KLSE:ILB) A Risky Investment?
Jun 03Recent updates
ILB Group Berhad (KLSE:ILB) Is Experiencing Growth In Returns On Capital
Nov 09Is ILB Group Berhad (KLSE:ILB) Using Too Much Debt?
Aug 31ILB Group Berhad's (KLSE:ILB) Shareholders Might Be Looking For Exit
Jul 06Here's Why ILB Group Berhad (KLSE:ILB) Can Manage Its Debt Despite Losing Money
Feb 15ILB Group Berhad (KLSE:ILB) Is Using Debt Safely
Oct 06Does ILB Group Berhad (KLSE:ILB) Have A Healthy Balance Sheet?
Jun 16Here's Why Integrated Logistics Berhad (KLSE:ILB) Can Manage Its Debt Responsibly
Feb 25Integrated Logistics Berhad's (KLSE:ILB) Returns On Capital Not Reflecting Well On The Business
Dec 16Is Integrated Logistics Berhad (KLSE:ILB) A Risky Investment?
Jun 03We Wouldn't Rely On Integrated Logistics Berhad's (KLSE:ILB) Statutory Earnings As A Guide
Jan 04
Financial Position Analysis
Short Term Liabilities: ILB's short term assets (MYR71.3M) exceed its short term liabilities (MYR8.5M).
Long Term Liabilities: ILB's short term assets (MYR71.3M) exceed its long term liabilities (MYR20.8M).
Debt to Equity History and Analysis
Debt Level: ILB has more cash than its total debt.
Reducing Debt: ILB's debt to equity ratio has reduced from 53.5% to 10% over the past 5 years.
Debt Coverage: ILB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ILB's interest payments on its debt are not well covered by EBIT (0.8x coverage).