Ekovest Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Ekovest Berhad has a total shareholder equity of MYR2.8B and total debt of MYR6.3B, which brings its debt-to-equity ratio to 225.2%. Its total assets and total liabilities are MYR11.5B and MYR8.7B respectively. Ekovest Berhad's EBIT is MYR306.0M making its interest coverage ratio 0.8. It has cash and short-term investments of MYR482.4M.
Key information
225.2%
Debt to equity ratio
RM 6.34b
Debt
| Interest coverage ratio | 0.8x |
| Cash | RM 482.42m |
| Equity | RM 2.82b |
| Total liabilities | RM 8.72b |
| Total assets | RM 11.54b |
Recent financial health updates
Ekovest Berhad (KLSE:EKOVEST) Use Of Debt Could Be Considered Risky
Jul 12
These 4 Measures Indicate That Ekovest Berhad (KLSE:EKOVEST) Is Using Debt Extensively
Oct 23Ekovest Berhad (KLSE:EKOVEST) Use Of Debt Could Be Considered Risky
Nov 23
Recent updates
Here's What To Make Of Ekovest Berhad's (KLSE:EKOVEST) Decelerating Rates Of Return
Sep 10Ekovest Berhad's (KLSE:EKOVEST) 29% Share Price Plunge Could Signal Some Risk
Aug 17Ekovest Berhad (KLSE:EKOVEST) Use Of Debt Could Be Considered Risky
Jul 12Getting In Cheap On Ekovest Berhad (KLSE:EKOVEST) Is Unlikely
Jan 04We Discuss Why Ekovest Berhad's (KLSE:EKOVEST) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Dec 08These 4 Measures Indicate That Ekovest Berhad (KLSE:EKOVEST) Is Using Debt Extensively
Oct 23The Returns At Ekovest Berhad (KLSE:EKOVEST) Aren't Growing
Aug 29Returns On Capital At Ekovest Berhad (KLSE:EKOVEST) Paint An Interesting Picture
Mar 17How Much Does Ekovest Berhad's (KLSE:EKOVEST) CEO Make?
Feb 10How Much Did Ekovest Berhad's(KLSE:EKOVEST) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 14Here's What Ekovest Berhad's (KLSE:EKOVEST) Shareholder Ownership Structure Looks Like
Dec 19Ekovest Berhad (KLSE:EKOVEST) Use Of Debt Could Be Considered Risky
Nov 23Financial Position Analysis
Short Term Liabilities: EKOVEST's short term assets (MYR1.1B) do not cover its short term liabilities (MYR1.8B).
Long Term Liabilities: EKOVEST's short term assets (MYR1.1B) do not cover its long term liabilities (MYR6.9B).
Debt to Equity History and Analysis
Debt Level: EKOVEST's net debt to equity ratio (208%) is considered high.
Reducing Debt: EKOVEST's debt to equity ratio has reduced from 228.7% to 225.2% over the past 5 years.
Debt Coverage: EKOVEST's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: EKOVEST's interest payments on its debt are not well covered by EBIT (0.8x coverage).