Wong Engineering Corporation Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Wong Engineering Berhad has a total shareholder equity of MYR72.7M and total debt of MYR39.8M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are MYR118.3M and MYR45.6M respectively.
Key information
54.7%
Debt to equity ratio
RM39.76m
Debt
| Interest coverage ratio | n/a |
| Cash | RM21.48m |
| Equity | RM72.75m |
| Total liabilities | RM45.56m |
| Total assets | RM118.31m |
Recent financial health updates
Is Wong Engineering Corporation Berhad (KLSE:WONG) Using Too Much Debt?
Mar 12
Is Wong Engineering Corporation Berhad (KLSE:WONG) Using Too Much Debt?
Feb 24Does Wong Engineering Corporation Berhad (KLSE:WONG) Have A Healthy Balance Sheet?
Oct 18We Think Wong Engineering Corporation Berhad (KLSE:WONG) Can Manage Its Debt With Ease
Apr 28Wong Engineering Corporation Berhad (KLSE:WONG) Seems To Use Debt Rather Sparingly
Dec 03We Think Wong Engineering Corporation Berhad (KLSE:WONG) Can Manage Its Debt With Ease
Aug 16Recent updates
Is Wong Engineering Corporation Berhad (KLSE:WONG) Using Too Much Debt?
Mar 12Wong Engineering Corporation Berhad (KLSE:WONG) Could Be Struggling To Allocate Capital
Jul 03Is Wong Engineering Corporation Berhad (KLSE:WONG) Using Too Much Debt?
Feb 24Does Wong Engineering Corporation Berhad (KLSE:WONG) Have A Healthy Balance Sheet?
Oct 18A Look At The Intrinsic Value Of Wong Engineering Corporation Berhad (KLSE:WONG)
Jul 12Should You Be Adding Wong Engineering Corporation Berhad (KLSE:WONG) To Your Watchlist Today?
Jun 16Investors Will Want Wong Engineering Corporation Berhad's (KLSE:WONG) Growth In ROCE To Persist
May 25We Think Wong Engineering Corporation Berhad (KLSE:WONG) Can Manage Its Debt With Ease
Apr 28Shareholders Will Most Likely Find Wong Engineering Corporation Berhad's (KLSE:WONG) CEO Compensation Acceptable
Mar 17Wong Engineering Corporation Berhad (KLSE:WONG) Might Have The Makings Of A Multi-Bagger
Jan 14With EPS Growth And More, Wong Engineering Corporation Berhad (KLSE:WONG) Is Interesting
Dec 24Wong Engineering Corporation Berhad (KLSE:WONG) Seems To Use Debt Rather Sparingly
Dec 03Wong Engineering Corporation Berhad (KLSE:WONG) Might Have The Makings Of A Multi-Bagger
Oct 13We Think Wong Engineering Corporation Berhad (KLSE:WONG) Can Manage Its Debt With Ease
Aug 16Returns On Capital Are Showing Encouraging Signs At Wong Engineering Corporation Berhad (KLSE:WONG)
Jul 11We Think Wong Engineering Corporation Berhad (KLSE:WONG) Can Manage Its Debt With Ease
May 18The Attractive Combination That Could Earn Wong Engineering Corporation Berhad (KLSE:WONG) A Place In Your Dividend Portfolio
Apr 08Wong Engineering Corporation Berhad's (KLSE:WONG) CEO Will Probably Find It Hard To See A Huge Raise This Year
Mar 18Is There More Growth In Store For Wong Engineering Corporation Berhad's (KLSE:WONG) Returns On Capital?
Mar 03Wong Engineering Corporation Berhad's (KLSE:WONG) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 04Does Wong Engineering Corporation Berhad (KLSE:WONG) Have A Healthy Balance Sheet?
Dec 29Is There More Growth In Store For Wong Engineering Corporation Berhad's (KLSE:WONG) Returns On Capital?
Dec 03
Financial Position Analysis
Short Term Liabilities: WONG's short term assets (MYR45.1M) exceed its short term liabilities (MYR10.7M).
Long Term Liabilities: WONG's short term assets (MYR45.1M) exceed its long term liabilities (MYR34.9M).
Debt to Equity History and Analysis
Debt Level: WONG's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: WONG's debt to equity ratio has increased from 30.5% to 54.7% over the past 5 years.
Debt Coverage: WONG's debt is not well covered by operating cash flow (14%).
Interest Coverage: Insufficient data to determine if WONG's interest payments on its debt are well covered by EBIT.