EITA Resources Berhad Balance Sheet Health
Financial Health criteria checks 5/6
EITA Resources Berhad has a total shareholder equity of MYR225.1M and total debt of MYR50.0M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are MYR381.4M and MYR156.3M respectively. EITA Resources Berhad's EBIT is MYR24.6M making its interest coverage ratio 10.1. It has cash and short-term investments of MYR98.0M.
Key information
22.2%
Debt to equity ratio
RM49.99m
Debt
| Interest coverage ratio | 10.1x |
| Cash | RM98.04m |
| Equity | RM225.08m |
| Total liabilities | RM156.35m |
| Total assets | RM381.42m |
Recent financial health updates
Is EITA Resources Berhad (KLSE:EITA) Using Too Much Debt?
Oct 13
Is EITA Resources Berhad (KLSE:EITA) A Risky Investment?
Jun 04EITA Resources Berhad (KLSE:EITA) Has A Pretty Healthy Balance Sheet
Feb 23Recent updates
EITA Resources Berhad's (KLSE:EITA) 26% Price Boost Is Out Of Tune With Earnings
Mar 26EITA Resources Berhad's (KLSE:EITA) Weak Earnings May Only Reveal A Part Of The Whole Picture
Feb 08EITA Resources Berhad's (KLSE:EITA) Dividend Will Be MYR0.01
Dec 12EITA Resources Berhad (KLSE:EITA) Is Reducing Its Dividend To MYR0.01
May 30EITA Resources Berhad (KLSE:EITA) Is Paying Out A Dividend Of MYR0.015
Nov 27EITA Resources Berhad (KLSE:EITA) Is Increasing Its Dividend To RM0.018
May 27EITA Resources Berhad (KLSE:EITA) Will Pay A Smaller Dividend Than Last Year
Nov 28Is EITA Resources Berhad (KLSE:EITA) Using Too Much Debt?
Oct 13Is EITA Resources Berhad (KLSE:EITA) A Risky Investment?
Jun 04EITA Resources Berhad (KLSE:EITA) Might Be Having Difficulty Using Its Capital Effectively
May 17Here's What You Should Know About EITA Resources Berhad's (KLSE:EITA) 3.3% Dividend Yield
Apr 09Is There Now An Opportunity In EITA Resources Berhad (KLSE:EITA)?
Mar 10EITA Resources Berhad (KLSE:EITA) Has A Pretty Healthy Balance Sheet
Feb 23Is EITA Resources Berhad (KLSE:EITA) Likely To Turn Things Around?
Feb 11
Our View On EITA Resources Berhad's (KLSE:EITA) CEO Pay
Jan 29Shareholders Of EITA Resources Berhad (KLSE:EITA) Must Be Happy With Their 135% Total Return
Jan 17Are Investors Undervaluing EITA Resources Berhad (KLSE:EITA) By 20%?
Jan 04EITA Resources Berhad's (KLSE:EITA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Dec 22Only Four Days Left To Cash In On EITA Resources Berhad's (KLSE:EITA) Dividend
Dec 09Why EITA Resources Berhad (KLSE:EITA) Could Be Worth Watching
Dec 04EITA Resources Berhad (KLSE:EITA) Is Yielding 3.4% - But Is It A Buy?
Nov 21Financial Position Analysis
Short Term Liabilities: EITA's short term assets (MYR311.4M) exceed its short term liabilities (MYR142.8M).
Long Term Liabilities: EITA's short term assets (MYR311.4M) exceed its long term liabilities (MYR13.6M).
Debt to Equity History and Analysis
Debt Level: EITA has more cash than its total debt.
Reducing Debt: EITA's debt to equity ratio has increased from 14.2% to 22.2% over the past 5 years.
Debt Coverage: EITA's debt is well covered by operating cash flow (39%).
Interest Coverage: EITA's interest payments on its debt are well covered by EBIT (10.1x coverage).