Reneuco Berhad Balance Sheet Health

Financial Health criteria checks 2/6

Reneuco Berhad has a total shareholder equity of MYR103.3M and total debt of MYR87.4M, which brings its debt-to-equity ratio to 84.6%. Its total assets and total liabilities are MYR312.6M and MYR209.3M respectively.

Key information

84.6%

Debt to equity ratio

RM87.41m

Debt

Interest coverage ratio	n/a
Cash	RM23.23m
Equity	RM103.27m
Total liabilities	RM209.32m
Total assets	RM312.59m

Recent financial health updates

Here's Why Reneuco Berhad (KLSE:RENEUCO) Can Manage Its Debt Responsibly

Mar 10

Recent updates

What Reneuco Berhad's (KLSE:RENEUCO) 27% Share Price Gain Is Not Telling You

Apr 23

There's Reason For Concern Over Reneuco Berhad's (KLSE:RENEUCO) Massive 40% Price Jump

Mar 08

KPower Berhad (KLSE:KPOWER) Is Looking To Continue Growing Its Returns On Capital

Jun 14

Returns On Capital Are Showing Encouraging Signs At KPower Berhad (KLSE:KPOWER)

Mar 14

Is Now The Time To Put KPower Berhad (KLSE:KPOWER) On Your Watchlist?

Feb 20

At RM0.53, Is It Time To Put KPower Berhad (KLSE:KPOWER) On Your Watch List?

Dec 17

Investors Give KPower Berhad (KLSE:KPOWER) Shares A 25% Hiding

Nov 05

KPower Berhad's (KLSE:KPOWER) Earnings Are Built On Soft Foundations

Oct 20

Financial Position Analysis

Short Term Liabilities: RENEUCO's short term assets (MYR178.4M) exceed its short term liabilities (MYR123.1M).

Long Term Liabilities: RENEUCO's short term assets (MYR178.4M) exceed its long term liabilities (MYR86.2M).

Debt to Equity History and Analysis

Debt Level: RENEUCO's net debt to equity ratio (62.1%) is considered high.

Reducing Debt: RENEUCO's debt to equity ratio has increased from 16.6% to 84.6% over the past 5 years.

Debt Coverage: RENEUCO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if RENEUCO's interest payments on its debt are well covered by EBIT.

Reneuco Berhad Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Here's Why Reneuco Berhad (KLSE:RENEUCO) Can Manage Its Debt Responsibly

Recent updates

What Reneuco Berhad's (KLSE:RENEUCO) 27% Share Price Gain Is Not Telling You

There's Reason For Concern Over Reneuco Berhad's (KLSE:RENEUCO) Massive 40% Price Jump

Full year 2023 earnings released: RM0.16 loss per share (vs RM0.009 profit in FY 2022)

Reneuco Berhad, Annual General Meeting, Mar 27, 2024

New major risk - Share price stability

Reneuco Berhad Announces Redesignation of Datuk Ir Ts. Dr. Muhammad Mahadi Bin Mohamad from Independent and Non Executive Chairman of Risk Committee to Independent and Non Executive Member of Risk Committee

New major risk - Shareholder dilution

New major risk - Revenue and earnings growth

New minor risk - Share price stability

Returns At Reneuco Berhad (KLSE:RENEUCO) Are On The Way Up

Reneuco Berhad Announces Appoints Dato' Dr Md Khir Bin Abdul Rahman as Independent and Non Executive Director

Full year 2023 earnings released: EPS: RM0.012 (vs RM0.011 in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.004 (vs RM0.013 in 3Q 2022)

Here's Why Reneuco Berhad (KLSE:RENEUCO) Can Manage Its Debt Responsibly

Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0.004 profit in 2Q 2022)

Reneuco Berhad Announces Retirement of Kok Pauline as Member of Remuneration Committee

First quarter 2023 earnings released: EPS: RM0.004 (vs RM0.007 in 1Q 2022)

Reneuco Berhad, Annual General Meeting, Dec 07, 2022

Full year 2022 earnings released: EPS: RM0.011 (vs RM0.083 in FY 2021)

Reneuco Berhad Announces Appointment of Encik Khairil Ikhzan Bin Abd Aziz as Chief Financial Officer

Reneuco Berhad (KLSE:RENEUCO) Might Have The Makings Of A Multi-Bagger

Full year 2022 earnings released: EPS: RM0.011 (vs RM0.083 in FY 2021)

KPower Development Sdn. Bhd. Receives Approval from Pejabat Setiausaha Kerajaan Negeri Terengganu

KPower Berhad Announces Resignation of Tan Hsiao Yuen as Company Secretary

KPower Berhad Announces Resignation of Encik Mustakim Bin Mat Nun as Executive Member of Remuneration Committee

KPower Berhad (KLSE:KPOWER) Is Looking To Continue Growing Its Returns On Capital

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Kpower Berhad Announces Redesignation of Ir. Ts. Muhammad Mahadi Bin Mohamad from Member of Risk Committee to Chairman of Risk Committee

KPower Berhad Appoints Muhammad Mahadi Bin Mohamad as Member of Audit Committee

Returns On Capital Are Showing Encouraging Signs At KPower Berhad (KLSE:KPOWER)

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Is Now The Time To Put KPower Berhad (KLSE:KPOWER) On Your Watchlist?

At RM0.53, Is It Time To Put KPower Berhad (KLSE:KPOWER) On Your Watch List?

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Investors Give KPower Berhad (KLSE:KPOWER) Shares A 25% Hiding

KPower Berhad's (KLSE:KPOWER) Earnings Are Built On Soft Foundations

Company Secretary Sit Yap has left the company

Company Secretary Sit Yap has left the company

Full year 2021 earnings released: EPS RM0.083 (vs RM0.04 in FY 2020)

Investor sentiment deteriorated over the past week

Consensus EPS estimates increase to RM0.085

Third quarter 2021 earnings released: EPS RM0.042 (vs RM0.008 in 3Q 2020)

Kpower Berhad Announces Collaboration with Perbadanan Kemajuan Negeri Pahang

Investor sentiment deteriorated over the past week

Analysts update estimates

Second quarter 2021 earnings released: EPS RM0.12 (vs RM0.006 in 2Q 2020)

Analysts update estimates

New 90-day high: RM2.80

Kumpulan Powernet Berhad (KLSE:KPOWER) completed the acquisition of 51% stake of Chemtrax Sdn Bhd from Sabaka Group Sdn Bhd.

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target raised to RM8.44

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: RM6.55

New 90-day high: RM5.25

First quarter 2021 earnings released: EPS RM0.10

Price target raised to RM4.60

Market bids up stock over the past week

New 90-day high: RM3.90

Market bids up stock over the past week

Full year earnings released - EPS RM0.16

Annual earnings released: Revenue and earnings beat expectations

New 90-day high - RM3.39

Kumpulan Powernet Berhad has completed a Follow-on Equity Offering in the amount of MYR 55.410504 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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