Sin-Kung Logistics Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Sin-Kung Logistics Berhad has a total shareholder equity of MYR60.3M and total debt of MYR54.8M, which brings its debt-to-equity ratio to 91%. Its total assets and total liabilities are MYR138.3M and MYR78.1M respectively. Sin-Kung Logistics Berhad's EBIT is MYR13.2M making its interest coverage ratio 3.6. It has cash and short-term investments of MYR10.7M.
Key information
91.0%
Debt to equity ratio
RM 54.85m
Debt
| Interest coverage ratio | 3.6x |
| Cash | RM 10.75m |
| Equity | RM 60.27m |
| Total liabilities | RM 78.05m |
| Total assets | RM 138.32m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SINKUNG's short term assets (MYR25.6M) exceed its short term liabilities (MYR12.4M).
Long Term Liabilities: SINKUNG's short term assets (MYR25.6M) do not cover its long term liabilities (MYR65.6M).
Debt to Equity History and Analysis
Debt Level: SINKUNG's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: Insufficient data to determine if SINKUNG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SINKUNG's debt is well covered by operating cash flow (21.6%).
Interest Coverage: SINKUNG's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 03:20 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sin-Kung Logistics Berhad is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Siao Lee | Public Investment Bank Berhad |