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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:40 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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
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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
Ecomate Holdings Berhad is covered by 2 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 |
|---|---|
| null null | JF Apex Securities Berhad |
| null null | Public Investment Bank Berhad |