Westports Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Westports Holdings Berhad has a total shareholder equity of MYR3.5B and total debt of MYR850.0M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are MYR5.3B and MYR1.8B respectively. Westports Holdings Berhad's EBIT is MYR1.0B making its interest coverage ratio 24.8. It has cash and short-term investments of MYR536.1M.
Key information
24.1%
Debt to equity ratio
RM850.00m
Debt
| Interest coverage ratio | 24.8x |
| Cash | RM536.14m |
| Equity | RM3.52b |
| Total liabilities | RM1.82b |
| Total assets | RM5.34b |
Recent financial health updates
Is Westports Holdings Berhad (KLSE:WPRTS) Using Too Much Debt?
Mar 08
Is Westports Holdings Berhad (KLSE:WPRTS) A Risky Investment?
Sep 28Does Westports Holdings Berhad (KLSE:WPRTS) Have A Healthy Balance Sheet?
Jun 16Westports Holdings Berhad (KLSE:WPRTS) Has A Pretty Healthy Balance Sheet
Mar 01Is Westports Holdings Berhad (KLSE:WPRTS) A Risky Investment?
Nov 24Westports Holdings Berhad (KLSE:WPRTS) Seems To Use Debt Rather Sparingly
Aug 25Recent updates
Is Westports Holdings Berhad (KLSE:WPRTS) Using Too Much Debt?
Mar 08Westports Holdings Berhad (KLSE:WPRTS) Has Announced That It Will Be Increasing Its Dividend To MYR0.0872
Feb 05Shareholders Would Enjoy A Repeat Of Westports Holdings Berhad's (KLSE:WPRTS) Recent Growth In Returns
Dec 25Does This Valuation Of Westports Holdings Berhad (KLSE:WPRTS) Imply Investors Are Overpaying?
Dec 08Is Westports Holdings Berhad (KLSE:WPRTS) A Risky Investment?
Sep 28Westports Holdings Berhad (KLSE:WPRTS) Shares Could Be 23% Above Their Intrinsic Value Estimate
Aug 29Westports Holdings Berhad (KLSE:WPRTS) Is Increasing Its Dividend To MYR0.0819
Jul 30Does Westports Holdings Berhad (KLSE:WPRTS) Have A Healthy Balance Sheet?
Jun 16Under The Bonnet, Westports Holdings Berhad's (KLSE:WPRTS) Returns Look Impressive
Apr 26Westports Holdings Berhad (KLSE:WPRTS) Has A Pretty Healthy Balance Sheet
Mar 01Westports Holdings Berhad (KLSE:WPRTS) Has Announced That Its Dividend Will Be Reduced To MYR0.0746
Jan 24Westports Holdings Berhad (KLSE:WPRTS) Shares Could Be 20% Above Their Intrinsic Value Estimate
Jan 04Is Westports Holdings Berhad (KLSE:WPRTS) A Risky Investment?
Nov 24Why The 23% Return On Capital At Westports Holdings Berhad (KLSE:WPRTS) Should Have Your Attention
Oct 21Is There An Opportunity With Westports Holdings Berhad's (KLSE:WPRTS) 23% Undervaluation?
Oct 03Westports Holdings Berhad (KLSE:WPRTS) Seems To Use Debt Rather Sparingly
Aug 25Westports Holdings Berhad's (KLSE:WPRTS) Dividend Will Be Reduced To MYR0.0691
Jul 31Return Trends At Westports Holdings Berhad (KLSE:WPRTS) Aren't Appealing
Jul 05Estimating The Intrinsic Value Of Westports Holdings Berhad (KLSE:WPRTS)
Jun 17Is Westports Holdings Berhad (KLSE:WPRTS) A Risky Investment?
May 11Capital Investments At Westports Holdings Berhad (KLSE:WPRTS) Point To A Promising Future
Mar 24Calculating The Fair Value Of Westports Holdings Berhad (KLSE:WPRTS)
Mar 03Westports Holdings Berhad (KLSE:WPRTS) Is Increasing Its Dividend To RM0.093
Jan 30Is Westports Holdings Berhad (KLSE:WPRTS) A Risky Investment?
Jan 09A Look At The Fair Value Of Westports Holdings Berhad (KLSE:WPRTS)
Nov 04Westports Holdings Berhad (KLSE:WPRTS) Is Reinvesting To Multiply In Value
Oct 17These 4 Measures Indicate That Westports Holdings Berhad (KLSE:WPRTS) Is Using Debt Safely
Sep 29Westports Holdings Berhad (KLSE:WPRTS) Is Reinvesting To Multiply In Value
Jun 08Westports Holdings Berhad (KLSE:WPRTS) Could Easily Take On More Debt
Mar 24Westports Holdings Berhad (KLSE:WPRTS) Knows How to Allocate Capital
Mar 03Only Four Days Left To Cash In On Westports Holdings Berhad's (KLSE:WPRTS) Dividend
Feb 12
Introducing Westports Holdings Berhad (KLSE:WPRTS), A Stock That Climbed 20% In The Last Three Years
Feb 10Financial Position Analysis
Short Term Liabilities: WPRTS's short term assets (MYR884.3M) exceed its short term liabilities (MYR616.1M).
Long Term Liabilities: WPRTS's short term assets (MYR884.3M) do not cover its long term liabilities (MYR1.2B).
Debt to Equity History and Analysis
Debt Level: WPRTS's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: WPRTS's debt to equity ratio has reduced from 62.1% to 24.1% over the past 5 years.
Debt Coverage: WPRTS's debt is well covered by operating cash flow (117%).
Interest Coverage: WPRTS's interest payments on its debt are well covered by EBIT (24.8x coverage).