Westports Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Westports Holdings Berhad has a total shareholder equity of MYR3.6B and total debt of MYR1.1B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are MYR5.8B and MYR2.2B respectively. Westports Holdings Berhad's EBIT is MYR1.1B making its interest coverage ratio 27.7. It has cash and short-term investments of MYR656.3M.
Key information
30.4%
Debt to equity ratio
RM 1.11b
Debt
| Interest coverage ratio | 27.7x |
| Cash | RM 656.27m |
| Equity | RM 3.63b |
| Total liabilities | RM 2.19b |
| Total assets | RM 5.82b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: WSTT.F's short term assets (MYR1.0B) exceed its short term liabilities (MYR731.0M).
Long Term Liabilities: WSTT.F's short term assets (MYR1.0B) do not cover its long term liabilities (MYR1.5B).
Debt to Equity History and Analysis
Debt Level: WSTT.F's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: WSTT.F's debt to equity ratio has reduced from 59.9% to 30.4% over the past 5 years.
Debt Coverage: WSTT.F's debt is well covered by operating cash flow (111.3%).
Interest Coverage: WSTT.F's interest payments on its debt are well covered by EBIT (27.7x coverage).