Ahmad Zaki Resources Berhad

KLSE:AZRB Stock Report

Market Cap: RM 144.3m

Ahmad Zaki Resources Berhad Balance Sheet Health

Financial Health criteria checks 1/6

Ahmad Zaki Resources Berhad has a total shareholder equity of MYR191.1M and total debt of MYR2.8B, which brings its debt-to-equity ratio to 1450.5%. Its total assets and total liabilities are MYR4.4B and MYR4.2B respectively. Ahmad Zaki Resources Berhad's EBIT is MYR379.8M making its interest coverage ratio 6.2. It has cash and short-term investments of MYR238.8M.

Key information

1,450.5%

Debt to equity ratio

RM 2.77b

Debt

Interest coverage ratio6.2x
CashRM 238.82m
EquityRM 191.07m
Total liabilitiesRM 4.17b
Total assetsRM 4.36b

Recent financial health updates

Recent updates

We Think Ahmad Zaki Resources Berhad (KLSE:AZRB) Is Taking Some Risk With Its Debt

Oct 30
We Think Ahmad Zaki Resources Berhad (KLSE:AZRB) Is Taking Some Risk With Its Debt

Ahmad Zaki Resources Berhad (KLSE:AZRB) Might Have The Makings Of A Multi-Bagger

Aug 01
Ahmad Zaki Resources Berhad (KLSE:AZRB) Might Have The Makings Of A Multi-Bagger

Ahmad Zaki Resources Berhad (KLSE:AZRB) Held Back By Insufficient Growth Even After Shares Climb 28%

Jul 01
Ahmad Zaki Resources Berhad (KLSE:AZRB) Held Back By Insufficient Growth Even After Shares Climb 28%

Ahmad Zaki Resources Berhad's (KLSE:AZRB) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Apr 04
Ahmad Zaki Resources Berhad's (KLSE:AZRB) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Ahmad Zaki Resources Berhad's (KLSE:AZRB) Returns On Capital Are Heading Higher

Apr 03
Ahmad Zaki Resources Berhad's (KLSE:AZRB) Returns On Capital Are Heading Higher

Ahmad Zaki Resources Berhad's (KLSE:AZRB) Shares Bounce 26% But Its Business Still Trails The Industry

Jan 03
Ahmad Zaki Resources Berhad's (KLSE:AZRB) Shares Bounce 26% But Its Business Still Trails The Industry

Should Shareholders Reconsider Ahmad Zaki Resources Berhad's (KLSE:AZRB) CEO Compensation Package?

Dec 05
Should Shareholders Reconsider Ahmad Zaki Resources Berhad's (KLSE:AZRB) CEO Compensation Package?

Does Ahmad Zaki Resources Berhad (KLSE:AZRB) Have A Healthy Balance Sheet?

Sep 28
Does Ahmad Zaki Resources Berhad (KLSE:AZRB) Have A Healthy Balance Sheet?

Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Too Much Debt?

Jun 16
Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Too Much Debt?

Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt Sensibly?

Dec 20
Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt Sensibly?

Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt In A Risky Way?

May 13
Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt In A Risky Way?

Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt Sensibly?

Sep 27
Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt Sensibly?

Ahmad Zaki Resources Berhad (KLSE:AZRB) Has Debt But No Earnings; Should You Worry?

Mar 31
Ahmad Zaki Resources Berhad (KLSE:AZRB) Has Debt But No Earnings; Should You Worry?

Financial Position Analysis

Short Term Liabilities: AZRB's short term assets (MYR807.4M) do not cover its short term liabilities (MYR1.3B).

Long Term Liabilities: AZRB's short term assets (MYR807.4M) do not cover its long term liabilities (MYR2.9B).


Debt to Equity History and Analysis

Debt Level: AZRB's net debt to equity ratio (1325.5%) is considered high.

Reducing Debt: AZRB's debt to equity ratio has increased from 570.8% to 1450.5% over the past 5 years.

Debt Coverage: AZRB's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: AZRB's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


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