Emico Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Emico Holdings Berhad has a total shareholder equity of MYR61.5M and total debt of MYR9.1M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are MYR87.4M and MYR25.9M respectively. Emico Holdings Berhad's EBIT is MYR10.1M making its interest coverage ratio 16.5. It has cash and short-term investments of MYR7.4M.
Key information
14.8%
Debt to equity ratio
RM9.09m
Debt
| Interest coverage ratio | 16.5x |
| Cash | RM7.38m |
| Equity | RM61.51m |
| Total liabilities | RM25.93m |
| Total assets | RM87.44m |
Recent financial health updates
Emico Holdings Berhad (KLSE:EMICO) Is Making Moderate Use Of Debt
Jul 22
Here's Why Emico Holdings Berhad (KLSE:EMICO) Can Afford Some Debt
Apr 04Emico Holdings Berhad (KLSE:EMICO) Is Carrying A Fair Bit Of Debt
Aug 16Is Emico Holdings Berhad (KLSE:EMICO) A Risky Investment?
Feb 28Recent updates
Emico Holdings Berhad's (KLSE:EMICO) Share Price Not Quite Adding Up
Jan 09Emico Holdings Berhad (KLSE:EMICO) Will Be Looking To Turn Around Its Returns
Jul 29We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Emico Holdings Berhad's (KLSE:EMICO) CEO For Now
Sep 15Emico Holdings Berhad (KLSE:EMICO) Is Making Moderate Use Of Debt
Jul 22Here's Why Emico Holdings Berhad (KLSE:EMICO) Can Afford Some Debt
Apr 04Be Wary Of Emico Holdings Berhad (KLSE:EMICO) And Its Returns On Capital
Dec 01Emico Holdings Berhad (KLSE:EMICO) Is Carrying A Fair Bit Of Debt
Aug 16Emico Holdings Berhad (KLSE:EMICO) Is Finding It Tricky To Allocate Its Capital
Apr 30Is Emico Holdings Berhad (KLSE:EMICO) A Risky Investment?
Feb 28Is Emico Holdings Berhad (KLSE:EMICO) Using Capital Effectively?
Jan 24
Here's What We Think About Emico Holdings Berhad's (KLSE:EMICO) CEO Pay
Dec 02Financial Position Analysis
Short Term Liabilities: EMICO's short term assets (MYR58.6M) exceed its short term liabilities (MYR15.0M).
Long Term Liabilities: EMICO's short term assets (MYR58.6M) exceed its long term liabilities (MYR11.0M).
Debt to Equity History and Analysis
Debt Level: EMICO's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: EMICO's debt to equity ratio has reduced from 16.8% to 14.8% over the past 5 years.
Debt Coverage: EMICO's debt is well covered by operating cash flow (35.4%).
Interest Coverage: EMICO's interest payments on its debt are well covered by EBIT (16.5x coverage).