Widad Group Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Widad Group Berhad has a total shareholder equity of MYR456.4M and total debt of MYR463.7M, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are MYR1.1B and MYR628.6M respectively.
Key information
101.6%
Debt to equity ratio
RM463.72m
Debt
| Interest coverage ratio | n/a |
| Cash | RM156.18m |
| Equity | RM456.41m |
| Total liabilities | RM628.56m |
| Total assets | RM1.08b |
Recent financial health updates
Here's Why Widad Group Berhad (KLSE:WIDAD) Can Afford Some Debt
Jan 18
We Think Widad Group Berhad (KLSE:WIDAD) Is Taking Some Risk With Its Debt
Dec 31
Recent updates
It's Down 32% But Widad Group Berhad (KLSE:WIDAD) Could Be Riskier Than It Looks
Apr 19Positive Sentiment Still Eludes Widad Group Berhad (KLSE:WIDAD) Following 30% Share Price Slump
Mar 05Here's Why Widad Group Berhad (KLSE:WIDAD) Can Afford Some Debt
Jan 18Risks Still Elevated At These Prices As Widad Group Berhad (KLSE:WIDAD) Shares Dive 60%
Jan 18Would Shareholders Who Purchased Widad Group Berhad's (KLSE:WIDAD) Stock Year Be Happy With The Share price Today?
Feb 24We Think Widad Group Berhad (KLSE:WIDAD) Is Taking Some Risk With Its Debt
Dec 31With A 2.2% Return On Equity, Is Widad Group Berhad (KLSE:WIDAD) A Quality Stock?
Nov 26Financial Position Analysis
Short Term Liabilities: WIDAD's short term assets (MYR553.0M) exceed its short term liabilities (MYR205.5M).
Long Term Liabilities: WIDAD's short term assets (MYR553.0M) exceed its long term liabilities (MYR423.0M).
Debt to Equity History and Analysis
Debt Level: WIDAD's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: WIDAD's debt to equity ratio has increased from 94.8% to 101.6% over the past 5 years.
Debt Coverage: WIDAD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WIDAD's interest payments on its debt are well covered by EBIT.