VCI Global Balance Sheet Health
Financial Health criteria checks 5/6
VCI Global has a total shareholder equity of MYR93.0M and total debt of MYR2.2M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are MYR118.0M and MYR25.1M respectively. VCI Global's EBIT is MYR33.5M making its interest coverage ratio 400.8. It has cash and short-term investments of MYR8.8M.
Key information
2.4%
Debt to equity ratio
RM2.22m
Debt
| Interest coverage ratio | 400.8x |
| Cash | RM8.76m |
| Equity | RM92.97m |
| Total liabilities | RM25.08m |
| Total assets | RM118.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VCIG's short term assets (MYR49.0M) exceed its short term liabilities (MYR23.0M).
Long Term Liabilities: VCIG's short term assets (MYR49.0M) exceed its long term liabilities (MYR2.1M).
Debt to Equity History and Analysis
Debt Level: VCIG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if VCIG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VCIG's debt is well covered by operating cash flow (237.7%).
Interest Coverage: VCIG's interest payments on its debt are well covered by EBIT (400.8x coverage).