Perak Corporation Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Perak Berhad has a total shareholder equity of MYR257.0M and total debt of MYR104.6M, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are MYR540.5M and MYR283.5M respectively. Perak Berhad's EBIT is MYR40.0M making its interest coverage ratio 4.9. It has cash and short-term investments of MYR39.1M.
Key information
40.7%
Debt to equity ratio
RM104.55m
Debt
| Interest coverage ratio | 4.9x |
| Cash | RM39.05m |
| Equity | RM257.00m |
| Total liabilities | RM283.51m |
| Total assets | RM540.52m |
Recent financial health updates
We Think Perak Corporation Berhad (KLSE:PRKCORP) Is Taking Some Risk With Its Debt
Mar 04
Here's Why Perak Corporation Berhad (KLSE:PRKCORP) Has A Meaningful Debt Burden
May 26Is Perak Corporation Berhad (KLSE:PRKCORP) Using Too Much Debt?
Nov 23We Think Perak Corporation Berhad (KLSE:PRKCORP) Is Taking Some Risk With Its Debt
May 11Recent updates
We Think Perak Corporation Berhad (KLSE:PRKCORP) Is Taking Some Risk With Its Debt
Mar 04We Like These Underlying Return On Capital Trends At Perak Corporation Berhad (KLSE:PRKCORP)
Jan 30Even With A 40% Surge, Cautious Investors Are Not Rewarding Perak Corporation Berhad's (KLSE:PRKCORP) Performance Completely
Dec 18Returns At Perak Corporation Berhad (KLSE:PRKCORP) Are On The Way Up
Oct 27Here's Why Perak Corporation Berhad (KLSE:PRKCORP) Has A Meaningful Debt Burden
May 26Why Investors Shouldn't Be Surprised By Perak Corporation Berhad's (KLSE:PRKCORP) Low P/E
Apr 10Perak Corporation Berhad (KLSE:PRKCORP) Is Very Good At Capital Allocation
Feb 01Is Perak Corporation Berhad (KLSE:PRKCORP) Using Too Much Debt?
Nov 23Investors Shouldn't Overlook Perak Corporation Berhad's (KLSE:PRKCORP) Impressive Returns On Capital
Sep 20We Think Perak Corporation Berhad's (KLSE:PRKCORP) Robust Earnings Are Conservative
May 31We Think Perak Corporation Berhad (KLSE:PRKCORP) Is Taking Some Risk With Its Debt
May 11Financial Position Analysis
Short Term Liabilities: PRKCORP's short term assets (MYR185.0M) do not cover its short term liabilities (MYR216.2M).
Long Term Liabilities: PRKCORP's short term assets (MYR185.0M) exceed its long term liabilities (MYR67.3M).
Debt to Equity History and Analysis
Debt Level: PRKCORP's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: PRKCORP's debt to equity ratio has reduced from 460.2% to 40.7% over the past 5 years.
Debt Coverage: PRKCORP's debt is well covered by operating cash flow (28.5%).
Interest Coverage: PRKCORP's interest payments on its debt are well covered by EBIT (4.9x coverage).