LY Balance Sheet Health
Financial Health criteria checks 4/6
LY has a total shareholder equity of MYR213.6M and total debt of MYR26.2M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are MYR297.8M and MYR84.2M respectively.
Key information
12.3%
Debt to equity ratio
RM26.23m
Debt
Interest coverage ratio | n/a |
Cash | RM55.03m |
Equity | RM213.59m |
Total liabilities | RM84.22m |
Total assets | RM297.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1H8's short term assets (MYR128.4M) exceed its short term liabilities (MYR56.3M).
Long Term Liabilities: 1H8's short term assets (MYR128.4M) exceed its long term liabilities (MYR28.0M).
Debt to Equity History and Analysis
Debt Level: 1H8 has more cash than its total debt.
Reducing Debt: 1H8's debt to equity ratio has increased from 1% to 12.3% over the past 5 years.
Debt Coverage: 1H8's debt is well covered by operating cash flow (184.2%).
Interest Coverage: Insufficient data to determine if 1H8's interest payments on its debt are well covered by EBIT.