Ahmad Zaki Resources Berhad Balance Sheet Health
Financial Health criteria checks 0/6
Ahmad Zaki Resources Berhad has a total shareholder equity of MYR166.7M and total debt of MYR2.8B, which brings its debt-to-equity ratio to 1659%. Its total assets and total liabilities are MYR4.4B and MYR4.2B respectively. Ahmad Zaki Resources Berhad's EBIT is MYR83.7M making its interest coverage ratio 0.8. It has cash and short-term investments of MYR463.3M.
Key information
1,659.0%
Debt to equity ratio
RM2.77b
Debt
| Interest coverage ratio | 0.8x |
| Cash | RM463.30m |
| Equity | RM166.74m |
| Total liabilities | RM4.22b |
| Total assets | RM4.39b |
Recent financial health updates
Does Ahmad Zaki Resources Berhad (KLSE:AZRB) Have A Healthy Balance Sheet?
Sep 28
Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Too Much Debt?
Jun 16Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt Sensibly?
Dec 20Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt In A Risky Way?
May 13Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt Sensibly?
Sep 27Ahmad Zaki Resources Berhad (KLSE:AZRB) Has Debt But No Earnings; Should You Worry?
Mar 31Recent updates
Ahmad Zaki Resources Berhad's (KLSE:AZRB) Price Is Right But Growth Is Lacking After Shares Rocket 32%
Apr 04Ahmad Zaki Resources Berhad's (KLSE:AZRB) Returns On Capital Are Heading Higher
Apr 03Ahmad Zaki Resources Berhad's (KLSE:AZRB) Shares Bounce 26% But Its Business Still Trails The Industry
Jan 03Should Shareholders Reconsider Ahmad Zaki Resources Berhad's (KLSE:AZRB) CEO Compensation Package?
Dec 05Does Ahmad Zaki Resources Berhad (KLSE:AZRB) Have A Healthy Balance Sheet?
Sep 28Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Too Much Debt?
Jun 16Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt Sensibly?
Dec 20Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt In A Risky Way?
May 13Is Ahmad Zaki Resources Berhad (KLSE:AZRB) Using Debt Sensibly?
Sep 27Ahmad Zaki Resources Berhad (KLSE:AZRB) Has Debt But No Earnings; Should You Worry?
Mar 31Financial Position Analysis
Short Term Liabilities: AZRB's short term assets (MYR910.3M) do not cover its short term liabilities (MYR1.4B).
Long Term Liabilities: AZRB's short term assets (MYR910.3M) do not cover its long term liabilities (MYR2.8B).
Debt to Equity History and Analysis
Debt Level: AZRB's net debt to equity ratio (1381.2%) is considered high.
Reducing Debt: AZRB's debt to equity ratio has increased from 547.9% to 1659% over the past 5 years.
Debt Coverage: AZRB's debt is not well covered by operating cash flow (7%).
Interest Coverage: AZRB's interest payments on its debt are not well covered by EBIT (0.8x coverage).