Westports Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Westports Holdings Berhad has a total shareholder equity of MYR3.4B and total debt of MYR975.0M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are MYR5.4B and MYR2.0B respectively. Westports Holdings Berhad's EBIT is MYR1.1B making its interest coverage ratio 26.9. It has cash and short-term investments of MYR302.5M.
Key information
28.4%
Debt to equity ratio
RM975.00m
Debt
Interest coverage ratio | 26.9x |
Cash | RM302.50m |
Equity | RM3.43b |
Total liabilities | RM2.00b |
Total assets | RM5.43b |
Recent financial health updates
Is Westports Holdings Berhad (KLSE:WPRTS) Using Too Much Debt?
Mar 08Is 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
Earnings Not Telling The Story For Westports Holdings Berhad (KLSE:WPRTS)
May 23Is 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 12Financial Position Analysis
Short Term Liabilities: WPRTS's short term assets (MYR641.8M) do not cover its short term liabilities (MYR791.3M).
Long Term Liabilities: WPRTS's short term assets (MYR641.8M) do not cover its long term liabilities (MYR1.2B).
Debt to Equity History and Analysis
Debt Level: WPRTS's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: WPRTS's debt to equity ratio has reduced from 64.1% to 28.4% over the past 5 years.
Debt Coverage: WPRTS's debt is well covered by operating cash flow (115.4%).
Interest Coverage: WPRTS's interest payments on its debt are well covered by EBIT (26.9x coverage).