Nestcon Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Nestcon Berhad has a total shareholder equity of MYR149.2M and total debt of MYR219.4M, which brings its debt-to-equity ratio to 147.1%. Its total assets and total liabilities are MYR746.1M and MYR596.9M respectively. Nestcon Berhad's EBIT is MYR20.8M making its interest coverage ratio 1.6. It has cash and short-term investments of MYR67.9M.
Key information
147.1%
Debt to equity ratio
RM 219.39m
Debt
| Interest coverage ratio | 1.6x |
| Cash | RM 67.88m |
| Equity | RM 149.19m |
| Total liabilities | RM 596.90m |
| Total assets | RM 746.09m |
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 (MYR650.9M) exceed its short term liabilities (MYR556.3M).
Long Term Liabilities: NESTCON's short term assets (MYR650.9M) exceed its long term liabilities (MYR40.6M).
Debt to Equity History and Analysis
Debt Level: NESTCON's net debt to equity ratio (101.6%) is considered high.
Reducing Debt: NESTCON's debt to equity ratio has increased from 53.2% to 147.1% over the past 5 years.
Debt Coverage: NESTCON's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: NESTCON's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:01 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Nestcon Berhad is covered by 2 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 |
|---|---|
| null null | Public Investment Bank Berhad |
| Muhammad bin Razak | RHB Investment Bank |