Zecon Berhad Balance Sheet Health

Financial Health criteria checks 1/6

Zecon Berhad has a total shareholder equity of MYR414.7M and total debt of MYR704.9M, which brings its debt-to-equity ratio to 170%. Its total assets and total liabilities are MYR1.5B and MYR1.1B respectively. Zecon Berhad's EBIT is MYR60.3M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR30.2M.

Key information

170.0%

Debt to equity ratio

RM 704.90m

Debt

Interest coverage ratio	1.2x
Cash	RM 30.16m
Equity	RM 414.68m
Total liabilities	RM 1.12b
Total assets	RM 1.54b

Recent financial health updates

Recent 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 07

Zecon Berhad (KLSE:ZECON) Might Have The Makings Of A Multi-Bagger

Feb 13

Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load

Oct 26

The Returns On Capital At Zecon Berhad (KLSE:ZECON) Don't Inspire Confidence

Jul 06

Is Zecon Berhad (KLSE:ZECON) Using Too Much Debt?

Dec 14

We Like These Underlying Trends At Zecon Berhad (KLSE:ZECON)

Mar 03

Financial Position Analysis

Short Term Liabilities: ZECON's short term assets (MYR196.0M) do not cover its short term liabilities (MYR1.0B).

Long Term Liabilities: ZECON's short term assets (MYR196.0M) exceed its long term liabilities (MYR113.3M).

Debt to Equity History and Analysis

Debt Level: ZECON's net debt to equity ratio (162.7%) is considered high.

Reducing Debt: ZECON's debt to equity ratio has increased from 153.3% to 170% over the past 5 years.

Debt Coverage: ZECON's debt is not well covered by operating cash flow (5.4%).

Interest Coverage: ZECON's interest payments on its debt are not well covered by EBIT (1.2x coverage).

Zecon Berhad Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Zecon Berhad (KLSE:ZECON) Use Of Debt Could Be Considered Risky

Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load

Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load

Is Zecon Berhad (KLSE:ZECON) Using Too Much Debt?

Recent updates

Zecon Berhad (KLSE:ZECON) Use Of Debt Could Be Considered Risky

Zecon Berhad Appoints datu Haji Hashim Bin Haji Bojet as Independent and Non Executive Director

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: RM0.001 (vs RM0.009 in 1Q 2023)

Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load

Zecon Berhad, Annual General Meeting, Jun 18, 2024

Full year 2023 earnings released: EPS: RM0.014 (vs RM0.029 loss in FY 2022)

Zecon Berhad (KLSE:ZECON) Might Have The Makings Of A Multi-Bagger

New minor risk - Share price stability

Third quarter 2023 earnings released: RM0.056 loss per share (vs RM0.006 profit in 3Q 2022)

Affin Hwang Investment Bank Berhad, Affin Bank Berhad and Bank Pembangunan Malaysia Berhad Provides Court Update Against Zecon Berhad

Here's Why Zecon Berhad (KLSE:ZECON) Is Weighed Down By Its Debt Load

Zecon Berhad Appoints ENCIK MOHAMMED NOOR BIN AHMAD as Independent and Non Executive Member of Audit Committee

Second quarter 2023 earnings released: RM0.002 loss per share (vs RM0.03 loss in 2Q 2022)

New minor risk - Share price stability

First quarter 2023 earnings released: EPS: RM0.009 (vs RM0.017 in 1Q 2022)

Zecon Berhad Announces Resignation of Encik Richard Kiew Jiat Fong as Independent and Non Executive Member of Nomination and Remuneration Committee

Zecon Berhad Appoints Datu Rodziah Binti Morshidi as Independent and Non Executive Director

Full year 2022 earnings released: RM0.028 loss per share (vs RM0.10 loss in FY 2021)

Insufficient new directors

Affin Hwang Investment Bank Berhad, Affin Bank Berhad and Bank Pembangunan Malaysia Berhad Provides Court Update Against Zecon Berhad

Third quarter 2022 earnings released: EPS: RM0.006 (vs RM0.11 loss in 3Q 2021)

Insufficient new directors

Affin Hwang Investment Bank Berhad, Affin Bank Berhad and Bank Pembangunan Malaysia Berhad Announces Announcement on the Status of Default in Payment

Second quarter 2022 earnings released: RM0.03 loss per share (vs RM0.011 profit in 2Q 2021)

The Returns On Capital At Zecon Berhad (KLSE:ZECON) Don't Inspire Confidence

Insufficient new directors

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

Zecon Berhad Appoints Mohammed Noor Bin Ahmad as Independent and Non-Executive Member of Risk Committee

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Zecon Berhad (KLSE:ZECON) Using Too Much Debt?

Insufficient new directors

Full year 2021 earnings released: RM0.026 loss per share (vs RM0.25 profit in FY 2020)

Zecon Berhad Announces Status of Lawsuit for Default in Payment

Third quarter 2021 earnings released: EPS RM0.015 (vs RM0.063 in 3Q 2020)

Zecon Berhad Announces Status of Lawsuit for Default in Payment

We Like These Underlying Trends At Zecon Berhad (KLSE:ZECON)

Second quarter 2021 earnings released: RM0.009 loss per share (vs RM0.035 profit in 2Q 2020)

First quarter 2021 earnings released: RM0.044 loss per share

New 90-day low: RM0.41

New 90-day low: RM0.41

New 90-day low: RM0.45

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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