Ecomate Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Ecomate Holdings Berhad has a total shareholder equity of MYR44.1M and total debt of MYR16.1M, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are MYR69.1M and MYR25.0M respectively. Ecomate Holdings Berhad's EBIT is MYR3.3M making its interest coverage ratio 4.2. It has cash and short-term investments of MYR23.2M.
Key information
36.5%
Debt to equity ratio
RM 16.10m
Debt
| Interest coverage ratio | 4.2x |
| Cash | RM 23.17m |
| Equity | RM 44.08m |
| Total liabilities | RM 25.00m |
| Total assets | RM 69.07m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ECOMATE's short term assets (MYR47.2M) exceed its short term liabilities (MYR15.2M).
Long Term Liabilities: ECOMATE's short term assets (MYR47.2M) exceed its long term liabilities (MYR9.8M).
Debt to Equity History and Analysis
Debt Level: ECOMATE has more cash than its total debt.
Reducing Debt: ECOMATE's debt to equity ratio has reduced from 83.5% to 36.5% over the past 5 years.
Debt Coverage: ECOMATE's debt is well covered by operating cash flow (36.4%).
Interest Coverage: ECOMATE's interest payments on its debt are well covered by EBIT (4.2x coverage).