Ireka Corporation Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Ireka Berhad has a total shareholder equity of MYR-119.1M and total debt of MYR76.5M, which brings its debt-to-equity ratio to -64.2%. Its total assets and total liabilities are MYR145.0M and MYR264.1M respectively.
Key information
-64.24%
Debt to equity ratio
RM 76.52m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 1.12m |
| Equity | -RM 119.12m |
| Total liabilities | RM 264.15m |
| Total assets | RM 145.03m |
Recent financial health updates
We Think Ireka Corporation Berhad (KLSE:IREKA) Has A Fair Chunk Of Debt
Dec 30
Ireka Corporation Berhad (KLSE:IREKA) Has Debt But No Earnings; Should You Worry?
Apr 21Is Ireka Corporation Berhad (KLSE:IREKA) A Risky Investment?
Dec 10Health Check: How Prudently Does Ireka Corporation Berhad (KLSE:IREKA) Use Debt?
Jun 14Is Ireka Corporation Berhad (KLSE:IREKA) Using Too Much Debt?
Mar 01Recent updates
We Think Ireka Corporation Berhad (KLSE:IREKA) Has A Fair Chunk Of Debt
Dec 30Ireka Corporation Berhad (KLSE:IREKA) Has Debt But No Earnings; Should You Worry?
Apr 21Is Ireka Corporation Berhad (KLSE:IREKA) A Risky Investment?
Dec 10Health Check: How Prudently Does Ireka Corporation Berhad (KLSE:IREKA) Use Debt?
Jun 14Is Ireka Corporation Berhad (KLSE:IREKA) Using Too Much Debt?
Mar 01Key Things To Understand About Ireka Corporation Berhad's (KLSE:IREKA) CEO Pay Cheque
Jan 07Financial Position Analysis
Short Term Liabilities: IREKA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IREKA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IREKA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IREKA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IREKA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IREKA has less than a year of cash runway if free cash flow continues to grow at historical rates of 35.3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/20 19:33 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Ireka Corporation 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.
| Analyst | Institution |
|---|---|
| Keng Wee Ong | Affin Hwang Investment Bank |
| Lorraine Tan | CFRA Equity Research |
| Research Team | Kenanga Research |