Coastal Contracts Bhd Balance Sheet Health
Financial Health criteria checks 5/6
Coastal Contracts Bhd has a total shareholder equity of MYR1.6B and total debt of MYR33.5M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are MYR1.9B and MYR242.2M respectively.
Key information
2.0%
Debt to equity ratio
RM 33.46m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 304.06m |
| Equity | RM 1.64b |
| Total liabilities | RM 242.16m |
| Total assets | RM 1.88b |
Recent financial health updates
Is Coastal Contracts Bhd (KLSE:COASTAL) Using Debt In A Risky Way?
Jun 04
Is Coastal Contracts Bhd (KLSE:COASTAL) Weighed On By Its Debt Load?
Feb 19
Recent updates
Coastal Contracts Bhd's (KLSE:COASTAL) Shareholders Have More To Worry About Than Only Soft Earnings
Dec 04At RM1.73, Is Coastal Contracts Bhd (KLSE:COASTAL) Worth Looking At Closely?
Nov 27Does Coastal Contracts Bhd (KLSE:COASTAL) Deserve A Spot On Your Watchlist?
Nov 02What Is Coastal Contracts Bhd's (KLSE:COASTAL) Share Price Doing?
May 30Coastal Contracts Bhd (KLSE:COASTAL) May Have Issues Allocating Its Capital
Jan 09Coastal Contracts Bhd's (KLSE:COASTAL) Returns On Capital Not Reflecting Well On The Business
Sep 29Is Coastal Contracts Bhd (KLSE:COASTAL) Using Debt In A Risky Way?
Jun 04Is Coastal Contracts Bhd (KLSE:COASTAL) Weighed On By Its Debt Load?
Feb 19Coastal Contracts Bhd (KLSE:COASTAL) Share Prices Have Dropped 59% In The Last Five Years
Jan 02Financial Position Analysis
Short Term Liabilities: COASTAL's short term assets (MYR1.3B) exceed its short term liabilities (MYR234.5M).
Long Term Liabilities: COASTAL's short term assets (MYR1.3B) exceed its long term liabilities (MYR7.7M).
Debt to Equity History and Analysis
Debt Level: COASTAL has more cash than its total debt.
Reducing Debt: COASTAL's debt to equity ratio has reduced from 23.3% to 2% over the past 5 years.
Debt Coverage: COASTAL's debt is well covered by operating cash flow (230%).
Interest Coverage: Insufficient data to determine if COASTAL's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 23:12 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Coastal Contracts Bhd is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Janice Chua | DBS Bank Ltd |
| Jianyuan Tan | DBS Vickers Research |
| Ooi Lim | Kenanga Research |