LY Balance Sheet Health
Financial Health criteria checks 3/6
LY has a total shareholder equity of MYR218.9M and total debt of MYR23.4M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are MYR285.0M and MYR66.1M respectively.
Key information
10.7%
Debt to equity ratio
RM 23.36m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 27.80m |
| Equity | RM 218.87m |
| Total liabilities | RM 66.14m |
| Total assets | RM 285.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1H8's short term assets (MYR118.9M) exceed its short term liabilities (MYR38.0M).
Long Term Liabilities: 1H8's short term assets (MYR118.9M) exceed its long term liabilities (MYR28.2M).
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 10.7% over the past 5 years.
Debt Coverage: 1H8's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1H8's interest payments on its debt are well covered by EBIT.