EG Industries Berhad Balance Sheet Health

Financial Health criteria checks 3/6

EG Industries Berhad has a total shareholder equity of MYR528.2M and total debt of MYR583.7M, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are MYR1.5B and MYR1.0B respectively. EG Industries Berhad's EBIT is MYR76.5M making its interest coverage ratio 2.8. It has cash and short-term investments of MYR90.5M.

Key information

110.5%

Debt to equity ratio

RM 583.67m

Debt

Interest coverage ratio	2.8x
Cash	RM 90.51m
Equity	RM 528.16m
Total liabilities	RM 1.01b
Total assets	RM 1.54b

Recent financial health updates

Recent updates

EG Industries Berhad (KLSE:EG) Shareholders Will Want The ROCE Trajectory To Continue

Aug 06

What EG Industries Berhad's (KLSE:EG) 29% Share Price Gain Is Not Telling You

Jun 24

Here's Why We Think EG Industries Berhad (KLSE:EG) Might Deserve Your Attention Today

Jun 21

There's Been No Shortage Of Growth Recently For EG Industries Berhad's (KLSE:EG) Returns On Capital

Apr 18

Here's Why EG Industries Berhad (KLSE:EG) Has Caught The Eye Of Investors

Sep 19

Here's Why EG Industries Berhad (KLSE:EG) Has A Meaningful Debt Burden

Jun 21

EG Industries Berhad (KLSE:EG) Could Be Struggling To Allocate Capital

Mar 14

Is EG Industries Berhad (KLSE:EG) A Risky Investment?

Feb 10

EG Industries Berhad (KLSE:EG) Has No Shortage Of Debt

Oct 12

EG Industries Berhad (KLSE:EG) Could Be Struggling To Allocate Capital

Jan 26

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

Nov 26

Investors Shouldn't Be Too Comfortable With EG Industries Berhad's (KLSE:EG) Robust Earnings

Sep 22

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

May 29

Announcing: EG Industries Berhad (KLSE:EG) Stock Increased An Energizing 145% In The Last Year

Feb 15

Health Check: How Prudently Does EG Industries Berhad (KLSE:EG) Use Debt?

Dec 24

Financial Position Analysis

Short Term Liabilities: EG's short term assets (MYR939.1M) exceed its short term liabilities (MYR857.4M).

Long Term Liabilities: EG's short term assets (MYR939.1M) exceed its long term liabilities (MYR151.2M).

Debt to Equity History and Analysis

Debt Level: EG's net debt to equity ratio (93.4%) is considered high.

Reducing Debt: EG's debt to equity ratio has increased from 56.6% to 110.5% over the past 5 years.

Debt Coverage: EG's debt is well covered by operating cash flow (25.8%).

Interest Coverage: EG's interest payments on its debt are not well covered by EBIT (2.8x coverage).

EG Industries Berhad Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Here's Why EG Industries Berhad (KLSE:EG) Has A Meaningful Debt Burden

Is EG Industries Berhad (KLSE:EG) A Risky Investment?

EG Industries Berhad (KLSE:EG) Has No Shortage Of Debt

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

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

Health Check: How Prudently Does EG Industries Berhad (KLSE:EG) Use Debt?

Recent updates

Full year 2024 earnings released: EPS: RM0.11 (vs RM0.092 in FY 2023)

EG Industries Berhad, Annual General Meeting, Nov 29, 2024

Full year 2024 earnings released: EPS: RM0.11 (vs RM0.092 in FY 2023)

EG Industries Berhad (KLSE:EG) Shareholders Will Want The ROCE Trajectory To Continue

Inaugural dividend of RM0.01 per share

Investor sentiment improves as stock rises 15%

New minor risk - Share price stability

What EG Industries Berhad's (KLSE:EG) 29% Share Price Gain Is Not Telling You

Here's Why We Think EG Industries Berhad (KLSE:EG) Might Deserve Your Attention Today

Investor sentiment improves as stock rises 21%

EG Industries Berhad Announces Retirement of Ang Seng Wong as Non-Independent Director

Third quarter 2024 earnings released: EPS: RM0.022 (vs RM0.025 in 3Q 2023)

There's Been No Shortage Of Growth Recently For EG Industries Berhad's (KLSE:EG) Returns On Capital

Second quarter 2024 earnings released: EPS: RM0.027 (vs RM0.022 in 2Q 2023)

Eg Industries Berhad Announces Redesignation of Lee Kean Teong from Independent and Non Executive Member of Audit Committee to Independent and Non Executive Chairman of Audit Committee

Investor sentiment improves as stock rises 17%

First quarter 2024 earnings released: EPS: RM0.023 (vs RM0.022 in 1Q 2023)

New minor risk - Share price stability

EG Industries Berhad, Annual General Meeting, Nov 29, 2023

Here's Why EG Industries Berhad (KLSE:EG) Has Caught The Eye Of Investors

Full year 2023 earnings released: EPS: RM0.09 (vs RM0.028 in FY 2022)

Investor sentiment improves as stock rises 15%

EG Industries Berhad has completed a Follow-on Equity Offering in the amount of MYR 46.971231 million.

Investor sentiment improves as stock rises 28%

Here's Why EG Industries Berhad (KLSE:EG) Has A Meaningful Debt Burden

New minor risk - Market cap size

Third quarter 2023 earnings released: EPS: RM0.025 (vs RM0.015 in 3Q 2022)

EG Industries Berhad Announces Redesignation of Lee Kean Teong from Member of Remuneration Committee to Independent and Non Executive Chairman of Remuneration Committee

EG Industries Berhad (KLSE:EG) Could Be Struggling To Allocate Capital

Investor sentiment improves as stock rises 47%

Second quarter 2023 earnings released: EPS: RM0.022 (vs RM0.021 in 2Q 2022)

Is EG Industries Berhad (KLSE:EG) A Risky Investment?

EG Industries Berhad Announces Resignation of Ng Sze Mun as Chief Financial Officer

First quarter 2023 earnings released: EPS: RM0.022 (vs RM0.005 in 1Q 2022)

Full year 2022 earnings released: EPS: RM0.028 (vs RM0.041 in FY 2021)

EG Industries Berhad, Annual General Meeting, Nov 29, 2022

EG Industries Berhad (KLSE:EG) Has No Shortage Of Debt

Full year 2022 earnings released: EPS: RM0.026 (vs RM0.041 in FY 2021)

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

EG Industries Berhad (KLSE:EG) Could Be Struggling To Allocate Capital

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

Full year 2021 earnings released: EPS RM0.041 (vs RM0.053 loss in FY 2020)

Investors Shouldn't Be Too Comfortable With EG Industries Berhad's (KLSE:EG) Robust Earnings

Full year 2021 earnings released: EPS RM0.046 (vs RM0.053 loss in FY 2020)

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

Third quarter 2021 earnings released: EPS RM0.014 (vs RM0.021 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS RM0.018 (vs RM0.008 in 2Q 2020)

New 90-day high: RM0.94

Announcing: EG Industries Berhad (KLSE:EG) Stock Increased An Energizing 145% In The Last Year

New 90-day high: RM0.80

EG Industries Berhad has completed a Follow-on Equity Offering in the amount of MYR 15.283785 million.

New 90-day high: RM0.66

Health Check: How Prudently Does EG Industries Berhad (KLSE:EG) Use Debt?

New 90-day high: RM0.59

EG Industries Berhad Appoints Keh Chuan Seng as Non Independent and Non Executive Director and Non Executive Chairman

First quarter 2021 earnings released: EPS RM0.017

EG Industries Berhad Not Reelected DATO' TERENCE TEA YEOK KIAN as Executive Chairman

Terence Tea Yeok Kian cancelled the acquisition of 13.8% stake in EG Industries Berhad (KLSE:EG) from Jubilee Industries Holdings Ltd. (Catalist:NHD).

Full year earnings released - RM0.049 loss per share

New 90-day high - RM0.59

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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