ECM Libra Group Berhad Balance Sheet Health

Financial Health criteria checks 2/6

ECM Libra Group Berhad has a total shareholder equity of MYR190.0M and total debt of MYR47.4M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are MYR248.0M and MYR57.9M respectively.

Key information

24.9%

Debt to equity ratio

RM47.38m

Debt

Interest coverage ratio	n/a
Cash	RM4.77m
Equity	RM190.04m
Total liabilities	RM57.93m
Total assets	RM247.98m

Recent financial health updates

Recent updates

Calculating The Fair Value Of ECM Libra Group Berhad (KLSE:ECM)

Aug 30

Financial Position Analysis

Short Term Liabilities: ECM's short term assets (MYR23.0M) do not cover its short term liabilities (MYR40.2M).

Long Term Liabilities: ECM's short term assets (MYR23.0M) exceed its long term liabilities (MYR17.7M).

Debt to Equity History and Analysis

Debt Level: ECM's net debt to equity ratio (22.4%) is considered satisfactory.

Reducing Debt: ECM's debt to equity ratio has increased from 5.7% to 24.9% over the past 5 years.

Debt Coverage: ECM's debt is not well covered by operating cash flow (8.1%).

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

ECM Libra Group Berhad Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

ECM Libra Group Ordinary Shares to be Deleted from Other OTC

Recent updates

ECM Libra Group Berhad, Annual General Meeting, Jun 06, 2024

Full year 2023 earnings released: EPS: RM0.052 (vs RM0.005 loss in FY 2022)

ECM Libra Group Berhad Announces Redesignation of Dato' Lim Kian Onn from Deputy Chairman to Executive Chairman, Effective February 1, 2024

ECM Libra Group Berhad has filed a Follow-on Equity Offering.

ECM Libra Group Berhad has filed a Follow-on Equity Offering.

ECM Libra Group Berhad Announces the Appointment of Akil Hassan Bin Kalimullah as Non Independent and Non Executive Director, Effective January 1, 2024

ECM Libra Group Berhad Announces the Appointment of Kalimullah Bin Masheerul Hassan as Non Independent and Non Executive Alternate Director, Effective 1 January 2024

Third quarter 2023 earnings released: EPS: RM0.004 (vs RM0.001 loss in 3Q 2022)

Now 22% undervalued after recent price drop

Calculating The Fair Value Of ECM Libra Group Berhad (KLSE:ECM)

Second quarter 2023 earnings released: EPS: RM0.058 (vs RM0.005 loss in 2Q 2022)

First quarter 2023 earnings released: RM0.001 loss per share (vs RM0.006 loss in 1Q 2022)

ECM Libra Group Berhad Announces Re-Designation of Encik Mahadzir Bin Azizan from Independent Director to Non-Independent Director

Full year 2022 earnings released: RM0.005 loss per share (vs RM0.012 loss in FY 2021)

Full year 2022 earnings released: RM0.005 loss per share (vs RM0.012 loss in FY 2021)

Third quarter 2022 earnings released: RM0.001 loss per share (vs RM0.007 loss in 3Q 2021)

ECM Libra Group Berhad Appoints Chew Mei Ling as Company Secretary, Effective October 1, 2022

Second quarter 2022 earnings released: RM0.005 loss per share (vs RM0.011 loss in 2Q 2021)

Ecm Libra Group Berhad Announces Redesignation of Dato Lim Kian Onn as to Deputy Chairman

First quarter 2022 earnings released: RM0.006 loss per share (vs RM0.005 loss in 1Q 2021)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

ECM Libra Group Ordinary Shares to be Deleted from Other OTC

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: RM0.011 loss per share (vs RM0.009 loss in 2Q 2020)

First quarter 2021 earnings released: RM0.005 loss per share (vs RM0.004 loss in 1Q 2020)

New 90-day high: RM0.25

ECM Libra Group Berhad Announces Resignation of Mr. Lim Kam Choy as Chief Financial Officer, with Effect from September 10, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies