EITA Resources Berhad Balance Sheet Health

Financial Health criteria checks 4/6

EITA Resources Berhad has a total shareholder equity of MYR239.3M and total debt of MYR53.9M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are MYR402.9M and MYR163.6M respectively. EITA Resources Berhad's EBIT is MYR13.1M making its interest coverage ratio 5.5. It has cash and short-term investments of MYR74.7M.

Key information

22.5%

Debt to equity ratio

RM 53.89m

Debt

Interest coverage ratio5.5x
CashRM 74.71m
EquityRM 239.29m
Total liabilitiesRM 163.64m
Total assetsRM 402.93m

Recent financial health updates

Recent updates

EITA Resources Berhad (KLSE:EITA) Will Pay A Dividend Of MYR0.01

Dec 05
EITA Resources Berhad (KLSE:EITA) Will Pay A Dividend Of MYR0.01

There May Be Underlying Issues With The Quality Of EITA Resources Berhad's (KLSE:EITA) Earnings

Aug 28
There May Be Underlying Issues With The Quality Of EITA Resources Berhad's (KLSE:EITA) Earnings

EITA Resources Berhad's (KLSE:EITA) 26% Price Boost Is Out Of Tune With Earnings

Mar 26
EITA Resources Berhad's (KLSE:EITA) 26% Price Boost Is Out Of Tune With Earnings

EITA Resources Berhad's (KLSE:EITA) Weak Earnings May Only Reveal A Part Of The Whole Picture

Feb 08
EITA Resources Berhad's (KLSE:EITA) Weak Earnings May Only Reveal A Part Of The Whole Picture

EITA Resources Berhad's (KLSE:EITA) Dividend Will Be MYR0.01

Dec 12
EITA Resources Berhad's (KLSE:EITA) Dividend Will Be MYR0.01

EITA Resources Berhad (KLSE:EITA) Is Reducing Its Dividend To MYR0.01

May 30
EITA Resources Berhad (KLSE:EITA) Is Reducing Its Dividend To MYR0.01

EITA Resources Berhad (KLSE:EITA) Is Paying Out A Dividend Of MYR0.015

Nov 27
EITA Resources Berhad (KLSE:EITA) Is Paying Out A Dividend Of MYR0.015

EITA Resources Berhad (KLSE:EITA) Is Increasing Its Dividend To RM0.018

May 27
EITA Resources Berhad (KLSE:EITA) Is Increasing Its Dividend To RM0.018

EITA Resources Berhad (KLSE:EITA) Will Pay A Smaller Dividend Than Last Year

Nov 28
EITA Resources Berhad (KLSE:EITA) Will Pay A Smaller Dividend Than Last Year

Is EITA Resources Berhad (KLSE:EITA) Using Too Much Debt?

Oct 13
Is EITA Resources Berhad (KLSE:EITA) Using Too Much Debt?

Is EITA Resources Berhad (KLSE:EITA) A Risky Investment?

Jun 04
Is EITA Resources Berhad (KLSE:EITA) A Risky Investment?

EITA Resources Berhad (KLSE:EITA) Might Be Having Difficulty Using Its Capital Effectively

May 17
EITA Resources Berhad (KLSE:EITA) Might Be Having Difficulty Using Its Capital Effectively

Here's What You Should Know About EITA Resources Berhad's (KLSE:EITA) 3.3% Dividend Yield

Apr 09
Here's What You Should Know About EITA Resources Berhad's (KLSE:EITA) 3.3% Dividend Yield

Is There Now An Opportunity In EITA Resources Berhad (KLSE:EITA)?

Mar 10
Is There Now An Opportunity In EITA Resources Berhad (KLSE:EITA)?

EITA Resources Berhad (KLSE:EITA) Has A Pretty Healthy Balance Sheet

Feb 23
EITA Resources Berhad (KLSE:EITA) Has A Pretty Healthy Balance Sheet

Is EITA Resources Berhad (KLSE:EITA) Likely To Turn Things Around?

Feb 11
Is EITA Resources Berhad (KLSE:EITA) Likely To Turn Things Around?

Our View On EITA Resources Berhad's (KLSE:EITA) CEO Pay

Jan 29
Our View On EITA Resources Berhad's (KLSE:EITA) CEO Pay

Shareholders Of EITA Resources Berhad (KLSE:EITA) Must Be Happy With Their 135% Total Return

Jan 17
Shareholders Of EITA Resources Berhad (KLSE:EITA) Must Be Happy With Their 135% Total Return

Are Investors Undervaluing EITA Resources Berhad (KLSE:EITA) By 20%?

Jan 04
Are Investors Undervaluing EITA Resources Berhad (KLSE:EITA) By 20%?

EITA Resources Berhad's (KLSE:EITA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Dec 22
EITA Resources Berhad's (KLSE:EITA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Only Four Days Left To Cash In On EITA Resources Berhad's (KLSE:EITA) Dividend

Dec 09
Only Four Days Left To Cash In On EITA Resources Berhad's (KLSE:EITA) Dividend

Why EITA Resources Berhad (KLSE:EITA) Could Be Worth Watching

Dec 04
Why EITA Resources Berhad (KLSE:EITA) Could Be Worth Watching

EITA Resources Berhad (KLSE:EITA) Is Yielding 3.4% - But Is It A Buy?

Nov 21
EITA Resources Berhad (KLSE:EITA) Is Yielding 3.4% - But Is It A Buy?

Financial Position Analysis

Short Term Liabilities: EITA's short term assets (MYR330.6M) exceed its short term liabilities (MYR150.9M).

Long Term Liabilities: EITA's short term assets (MYR330.6M) exceed its long term liabilities (MYR12.7M).


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 16.4% to 22.5% over the past 5 years.

Debt Coverage: EITA's debt is not well covered by operating cash flow (10.2%).

Interest Coverage: EITA's interest payments on its debt are well covered by EBIT (5.5x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 23:22
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

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PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

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Analyst Sources

EITA Resources Berhad is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ahmad Kamarul bin KamaruddinCGS International
Wei SoongKenanga Research
Lester SiewRHB Investment Bank