Zelan Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Zelan Berhad has a total shareholder equity of MYR155.0M and total debt of MYR410.9M, which brings its debt-to-equity ratio to 265.1%. Its total assets and total liabilities are MYR768.8M and MYR613.8M respectively. Zelan Berhad's EBIT is MYR11.8M making its interest coverage ratio 0.5. It has cash and short-term investments of MYR8.3M.
Key information
265.1%
Debt to equity ratio
RM410.91m
Debt
| Interest coverage ratio | 0.5x |
| Cash | RM8.34m |
| Equity | RM155.00m |
| Total liabilities | RM613.75m |
| Total assets | RM768.75m |
Recent financial health updates
Zelan Berhad (KLSE:ZELAN) Seems To Be Using A Lot Of Debt
May 02
Is Zelan Berhad (KLSE:ZELAN) A Risky Investment?
Sep 14Zelan Berhad (KLSE:ZELAN) Use Of Debt Could Be Considered Risky
May 24Is Zelan Berhad (KLSE:ZELAN) Using Too Much Debt?
Jan 11We Think Zelan Berhad (KLSE:ZELAN) Is Taking Some Risk With Its Debt
Oct 08These 4 Measures Indicate That Zelan Berhad (KLSE:ZELAN) Is Using Debt Extensively
Jan 25Recent updates
Zelan Berhad (KLSE:ZELAN) Seems To Be Using A Lot Of Debt
May 02Returns Are Gaining Momentum At Zelan Berhad (KLSE:ZELAN)
Mar 01Returns Are Gaining Momentum At Zelan Berhad (KLSE:ZELAN)
Nov 06Is Zelan Berhad (KLSE:ZELAN) A Risky Investment?
Sep 14Zelan Berhad (KLSE:ZELAN) Shareholders Will Want The ROCE Trajectory To Continue
Jul 20Zelan Berhad (KLSE:ZELAN) Use Of Debt Could Be Considered Risky
May 24Is Zelan Berhad (KLSE:ZELAN) Using Too Much Debt?
Jan 11Zelan Berhad's (KLSE:ZELAN) Returns On Capital Are Heading Higher
Dec 01We Think Zelan Berhad (KLSE:ZELAN) Is Taking Some Risk With Its Debt
Oct 08Zelan Berhad (KLSE:ZELAN) Shareholders Will Want The ROCE Trajectory To Continue
Aug 05There's No Escaping Zelan Berhad's (KLSE:ZELAN) Muted Earnings Despite A 38% Share Price Rise
Jun 07Should You Be Excited About Zelan Berhad's (KLSE:ZELAN) 9.9% Return On Equity?
Mar 03These 4 Measures Indicate That Zelan Berhad (KLSE:ZELAN) Is Using Debt Extensively
Jan 25Will The ROCE Trend At Zelan Berhad (KLSE:ZELAN) Continue?
Dec 30
We Wouldn't Rely On Zelan Berhad's (KLSE:ZELAN) Statutory Earnings As A Guide
Dec 03Financial Position Analysis
Short Term Liabilities: ZELAN's short term assets (MYR317.2M) exceed its short term liabilities (MYR215.3M).
Long Term Liabilities: ZELAN's short term assets (MYR317.2M) do not cover its long term liabilities (MYR398.5M).
Debt to Equity History and Analysis
Debt Level: ZELAN's net debt to equity ratio (259.7%) is considered high.
Reducing Debt: ZELAN's debt to equity ratio has reduced from 1263.8% to 265.1% over the past 5 years.
Debt Coverage: ZELAN's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: ZELAN's interest payments on its debt are not well covered by EBIT (0.5x coverage).