Zecon Berhad Balance Sheet Health
Financial Health criteria checks 0/6
Zecon Berhad has a total shareholder equity of MYR418.6M and total debt of MYR818.6M, which brings its debt-to-equity ratio to 195.6%. Its total assets and total liabilities are MYR1.6B and MYR1.2B respectively. Zecon Berhad's EBIT is MYR88.0M making its interest coverage ratio 1.3. It has cash and short-term investments of MYR17.4M.
Key information
195.6%
Debt to equity ratio
RM 818.63m
Debt
| Interest coverage ratio | 1.3x |
| Cash | RM 17.43m |
| Equity | RM 418.55m |
| Total liabilities | RM 1.21b |
| Total assets | RM 1.63b |
Recent financial health updates
Zecon Berhad (KLSE:ZECON) Use Of Debt Could Be Considered Risky
Aug 06
Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load
May 07Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load
Oct 26Is Zecon Berhad (KLSE:ZECON) Using Too Much Debt?
Dec 14Recent updates
Zecon Berhad (KLSE:ZECON) Use Of Debt Could Be Considered Risky
Aug 06Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load
May 07Zecon Berhad (KLSE:ZECON) Might Have The Makings Of A Multi-Bagger
Feb 13Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load
Oct 26The Returns On Capital At Zecon Berhad (KLSE:ZECON) Don't Inspire Confidence
Jul 06Is Zecon Berhad (KLSE:ZECON) Using Too Much Debt?
Dec 14We Like These Underlying Trends At Zecon Berhad (KLSE:ZECON)
Mar 03Financial Position Analysis
Short Term Liabilities: ZECON's short term assets (MYR206.2M) do not cover its short term liabilities (MYR314.1M).
Long Term Liabilities: ZECON's short term assets (MYR206.2M) do not cover its long term liabilities (MYR893.6M).
Debt to Equity History and Analysis
Debt Level: ZECON's net debt to equity ratio (191.4%) is considered high.
Reducing Debt: ZECON's debt to equity ratio has increased from 180.8% to 195.6% over the past 5 years.
Debt Coverage: ZECON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZECON's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:15 |
| End of Day Share Price | 2024/12/20 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
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 .
Analyst Sources
Zecon Berhad is covered by 1 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 |
|---|---|
| Liew Mee Kien | Maybank Research Pte. Ltd. |