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 ratio | 6.2x |
Cash | RM 238.82m |
Equity | RM 191.07m |
Total liabilities | RM 4.17b |
Total assets | RM 4.36b |
Recent financial health updates
We Think Ahmad Zaki Resources Berhad (KLSE:AZRB) Is Taking Some Risk With Its Debt
Oct 30Does 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 27Recent updates
We Think Ahmad Zaki Resources Berhad (KLSE:AZRB) Is Taking Some Risk With Its Debt
Oct 30Ahmad Zaki Resources Berhad (KLSE:AZRB) Might Have The Makings Of A Multi-Bagger
Aug 01Ahmad Zaki Resources Berhad (KLSE:AZRB) Held Back By Insufficient Growth Even After Shares Climb 28%
Jul 01Ahmad 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 (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).