VCI Global Balance Sheet Health
Financial Health criteria checks 5/6
VCI Global has a total shareholder equity of MYR236.8M and total debt of MYR878.2K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are MYR267.9M and MYR31.1M respectively. VCI Global's EBIT is MYR40.3M making its interest coverage ratio 430.4. It has cash and short-term investments of MYR10.4M.
Key information
0.4%
Debt to equity ratio
RM 878.17k
Debt
| Interest coverage ratio | 430.4x |
| Cash | RM 10.39m |
| Equity | RM 236.80m |
| Total liabilities | RM 31.13m |
| Total assets | RM 267.93m |
Recent financial health updates
Recent updates
Not Many Are Piling Into VCI Global Limited (NASDAQ:VCIG) Stock Yet As It Plummets 45%
Jul 27
VCI Global Limited (NASDAQ:VCIG) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
May 22Why VCI Global's (NASDAQ:VCIG) Healthy Earnings Aren’t As Good As They Seem
May 12VCI Global (NASDAQ:VCIG) Shareholders Should Be Cautious Despite Solid Earnings
Oct 13Financial Position Analysis
Short Term Liabilities: VCIG's short term assets (MYR171.4M) exceed its short term liabilities (MYR30.7M).
Long Term Liabilities: VCIG's short term assets (MYR171.4M) exceed its long term liabilities (MYR435.8K).
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 (336.5%).
Interest Coverage: VCIG's interest payments on its debt are well covered by EBIT (430.4x coverage).