Southern Alliance Mining Balance Sheet Health
Financial Health criteria checks 4/6
Southern Alliance Mining has a total shareholder equity of MYR337.8M and total debt of MYR9.7M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are MYR386.1M and MYR48.3M respectively.
Key information
2.9%
Debt to equity ratio
RM 9.69m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 143.02m |
| Equity | RM 337.80m |
| Total liabilities | RM 48.31m |
| Total assets | RM 386.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QNS's short term assets (MYR221.1M) exceed its short term liabilities (MYR28.0M).
Long Term Liabilities: QNS's short term assets (MYR221.1M) exceed its long term liabilities (MYR20.3M).
Debt to Equity History and Analysis
Debt Level: QNS has more cash than its total debt.
Reducing Debt: QNS's debt to equity ratio has increased from 0.5% to 2.9% over the past 5 years.
Debt Coverage: QNS's debt is well covered by operating cash flow (154.2%).
Interest Coverage: Insufficient data to determine if QNS's interest payments on its debt are well covered by EBIT.