Eversafe Rubber Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Eversafe Rubber Berhad has a total shareholder equity of MYR59.6M and total debt of MYR35.2M, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are MYR110.1M and MYR50.5M respectively. Eversafe Rubber Berhad's EBIT is MYR1.6M making its interest coverage ratio 0.7. It has cash and short-term investments of MYR16.8M.
Key information
59.0%
Debt to equity ratio
RM 35.16m
Debt
| Interest coverage ratio | 0.7x |
| Cash | RM 16.84m |
| Equity | RM 59.60m |
| Total liabilities | RM 50.47m |
| Total assets | RM 110.07m |
Recent financial health updates
Is Eversafe Rubber Berhad (KLSE:ESAFE) A Risky Investment?
Aug 08
These 4 Measures Indicate That Eversafe Rubber Berhad (KLSE:ESAFE) Is Using Debt Reasonably Well
Apr 24Here'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 16Recent updates
Is Eversafe Rubber Berhad (KLSE:ESAFE) A Risky Investment?
Aug 08These 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 (MYR71.1M) exceed its short term liabilities (MYR32.2M).
Long Term Liabilities: ESAFE's short term assets (MYR71.1M) exceed its long term liabilities (MYR18.3M).
Debt to Equity History and Analysis
Debt Level: ESAFE's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: ESAFE's debt to equity ratio has increased from 46.7% to 59% over the past 5 years.
Debt Coverage: ESAFE's debt is well covered by operating cash flow (37%).
Interest Coverage: ESAFE's interest payments on its debt are not well covered by EBIT (0.7x coverage).