Eversafe Rubber Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Eversafe Rubber Berhad has a total shareholder equity of MYR60.4M and total debt of MYR41.7M, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are MYR130.5M and MYR70.0M respectively. Eversafe Rubber Berhad's EBIT is MYR4.8M making its interest coverage ratio 1.8. It has cash and short-term investments of MYR22.7M.
Key information
69.0%
Debt to equity ratio
RM41.70m
Debt
| Interest coverage ratio | 1.8x |
| Cash | RM22.68m |
| Equity | RM60.45m |
| Total liabilities | RM70.04m |
| Total assets | RM130.49m |
Recent financial health updates
These 4 Measures Indicate That Eversafe Rubber Berhad (KLSE:ESAFE) Is Using Debt Reasonably Well
Apr 24
Here's Why Eversafe Rubber Berhad (KLSE:ESAFE) Has A Meaningful Debt Burden
Nov 07Would Eversafe Rubber Berhad (KLSE:ESAFE) Be Better Off With Less Debt?
Jul 17Does Eversafe Rubber Berhad (KLSE:ESAFE) Have A Healthy Balance Sheet?
Mar 05Eversafe Rubber Berhad (KLSE:ESAFE) Is Making Moderate Use Of Debt
Oct 16We Think Eversafe Rubber Berhad (KLSE:ESAFE) Can Stay On Top Of Its Debt
Feb 24Recent updates
These 4 Measures Indicate That Eversafe Rubber Berhad (KLSE:ESAFE) Is Using Debt Reasonably Well
Apr 24Eversafe Rubber Berhad's (KLSE:ESAFE) Shares May Have Run Too Fast Too Soon
Jan 04Here's Why Eversafe Rubber Berhad (KLSE:ESAFE) Has A Meaningful Debt Burden
Nov 07Eversafe Rubber Berhad's (KLSE:ESAFE) Returns On Capital Not Reflecting Well On The Business
Aug 29Would Eversafe Rubber Berhad (KLSE:ESAFE) Be Better Off With Less Debt?
Jul 17Does Eversafe Rubber Berhad (KLSE:ESAFE) Have A Healthy Balance Sheet?
Mar 05Eversafe Rubber Berhad (KLSE:ESAFE) Is Making Moderate Use Of Debt
Oct 16Eversafe Rubber Berhad (KLSE:ESAFE) Could Be Struggling To Allocate Capital
Apr 05We Think Eversafe Rubber Berhad (KLSE:ESAFE) Can Stay On Top Of Its Debt
Feb 24Eversafe Rubber Berhad (KLSE:ESAFE) Will Want To Turn Around Its Return Trends
Nov 29These 4 Measures Indicate That Eversafe Rubber Berhad (KLSE:ESAFE) Is Using Debt Safely
Sep 20Some Investors May Be Worried About Eversafe Rubber Berhad's (KLSE:ESAFE) Returns On Capital
Aug 03Is Eversafe Rubber Berhad (KLSE:ESAFE) A Risky Investment?
May 30Eversafe Rubber Berhad (KLSE:ESAFE) Could Be Struggling To Allocate Capital
May 04Here's Why Eversafe Rubber Berhad (KLSE:ESAFE) Can Manage Its Debt Responsibly
Mar 01What Do The Returns On Capital At Eversafe Rubber Berhad (KLSE:ESAFE) Tell Us?
Feb 03Does Eversafe Rubber Berhad's (KLSE:ESAFE) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Jan 07
How Does Eversafe Rubber Berhad's (KLSE:ESAFE) CEO Pay Compare With Company Performance?
Dec 12These 4 Measures Indicate That Eversafe Rubber Berhad (KLSE:ESAFE) Is Using Debt Reasonably Well
Nov 21Financial Position Analysis
Short Term Liabilities: ESAFE's short term assets (MYR84.9M) exceed its short term liabilities (MYR48.5M).
Long Term Liabilities: ESAFE's short term assets (MYR84.9M) exceed its long term liabilities (MYR21.5M).
Debt to Equity History and Analysis
Debt Level: ESAFE's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: ESAFE's debt to equity ratio has increased from 37.1% to 69% over the past 5 years.
Debt Coverage: ESAFE's debt is well covered by operating cash flow (37.9%).
Interest Coverage: ESAFE's interest payments on its debt are not well covered by EBIT (1.8x coverage).