Versalink Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Versalink Holdings has a total shareholder equity of MYR23.9M and total debt of MYR492.0K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are MYR37.0M and MYR13.1M respectively.
Key information
2.1%
Debt to equity ratio
RM492.00k
Debt
| Interest coverage ratio | n/a |
| Cash | RM16.88m |
| Equity | RM23.89m |
| Total liabilities | RM13.14m |
| Total assets | RM37.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 40N's short term assets (MYR28.7M) exceed its short term liabilities (MYR11.0M).
Long Term Liabilities: 40N's short term assets (MYR28.7M) exceed its long term liabilities (MYR2.1M).
Debt to Equity History and Analysis
Debt Level: 40N has more cash than its total debt.
Reducing Debt: 40N's debt to equity ratio has reduced from 4.2% to 2.1% over the past 5 years.
Debt Coverage: 40N's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 40N's interest payments on its debt are well covered by EBIT.