Nestcon Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Nestcon Berhad has a total shareholder equity of MYR145.6M and total debt of MYR229.7M, which brings its debt-to-equity ratio to 157.8%. Its total assets and total liabilities are MYR777.2M and MYR631.7M respectively. Nestcon Berhad's EBIT is MYR20.3M making its interest coverage ratio 1.6. It has cash and short-term investments of MYR85.2M.
Key information
157.8%
Debt to equity ratio
RM 229.71m
Debt
| Interest coverage ratio | 1.6x |
| Cash | RM 85.18m |
| Equity | RM 145.57m |
| Total liabilities | RM 631.68m |
| Total assets | RM 777.24m |
Recent financial health updates
No updates
Recent updates
Investors Continue Waiting On Sidelines For Nestcon Berhad (KLSE:NESTCON)
May 21
Some Investors May Be Worried About Nestcon Berhad's (KLSE:NESTCON) Returns On Capital
Jan 11Why Nestcon Berhad's (KLSE:NESTCON) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 07Some Shareholders Feeling Restless Over Nestcon Berhad's (KLSE:NESTCON) P/E Ratio
Sep 29Financial Position Analysis
Short Term Liabilities: NESTCON's short term assets (MYR681.1M) exceed its short term liabilities (MYR590.4M).
Long Term Liabilities: NESTCON's short term assets (MYR681.1M) exceed its long term liabilities (MYR41.3M).
Debt to Equity History and Analysis
Debt Level: NESTCON's net debt to equity ratio (99.3%) is considered high.
Reducing Debt: NESTCON's debt to equity ratio has increased from 52.4% to 157.8% over the past 5 years.
Debt Coverage: NESTCON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NESTCON's interest payments on its debt are not well covered by EBIT (1.6x coverage).