Linkers Industries Balance Sheet Health
Financial Health criteria checks 4/6
Linkers Industries has a total shareholder equity of MYR19.2M and total debt of MYR7.0M, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are MYR34.9M and MYR15.7M respectively. Linkers Industries's EBIT is MYR246.8K making its interest coverage ratio 0.4. It has cash and short-term investments of MYR5.1M.
Key information
36.5%
Debt to equity ratio
RM 7.00m
Debt
Interest coverage ratio | 0.4x |
Cash | RM 5.06m |
Equity | RM 19.18m |
Total liabilities | RM 15.74m |
Total assets | RM 34.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LNKS's short term assets (MYR30.0M) exceed its short term liabilities (MYR11.5M).
Long Term Liabilities: LNKS's short term assets (MYR30.0M) exceed its long term liabilities (MYR4.2M).
Debt to Equity History and Analysis
Debt Level: LNKS's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LNKS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LNKS's debt is well covered by operating cash flow (29.2%).
Interest Coverage: LNKS's interest payments on its debt are not well covered by EBIT (0.4x coverage).