Eduspec Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Eduspec Holdings Berhad has a total shareholder equity of MYR74.3M and total debt of MYR2.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are MYR113.4M and MYR39.1M respectively.
Key information
3.4%
Debt to equity ratio
RM2.50m
Debt
| Interest coverage ratio | n/a |
| Cash | RM8.34m |
| Equity | RM74.26m |
| Total liabilities | RM39.15m |
| Total assets | RM113.41m |
Recent financial health updates
Would Eduspec Holdings Berhad (KLSE:EDUSPEC) Be Better Off With Less Debt?
Aug 26
Is Eduspec Holdings Berhad (KLSE:EDUSPEC) A Risky Investment?
Apr 29Would Eduspec Holdings Berhad (KLSE:EDUSPEC) Be Better Off With Less Debt?
Dec 07Would Eduspec Holdings Berhad (KLSE:EDUSPEC) Be Better Off With Less Debt?
Jun 03Eduspec Holdings Berhad (KLSE:EDUSPEC) Is Carrying A Fair Bit Of Debt
Dec 27
Recent updates
Would Eduspec Holdings Berhad (KLSE:EDUSPEC) Be Better Off With Less Debt?
Aug 26Is Eduspec Holdings Berhad (KLSE:EDUSPEC) A Risky Investment?
Apr 29Would Eduspec Holdings Berhad (KLSE:EDUSPEC) Be Better Off With Less Debt?
Dec 07We Think The Compensation For Eduspec Holdings Berhad's (KLSE:EDUSPEC) CEO Looks About Right
Aug 19Would Eduspec Holdings Berhad (KLSE:EDUSPEC) Be Better Off With Less Debt?
Jun 03Does Eduspec Holdings Berhad's (KLSE:EDUSPEC) CEO Salary Compare Well With The Performance Of The Company?
Feb 18Eduspec Holdings Berhad (KLSE:EDUSPEC) Is Carrying A Fair Bit Of Debt
Dec 27Financial Position Analysis
Short Term Liabilities: EDUSPEC's short term assets (MYR90.2M) exceed its short term liabilities (MYR32.6M).
Long Term Liabilities: EDUSPEC's short term assets (MYR90.2M) exceed its long term liabilities (MYR6.6M).
Debt to Equity History and Analysis
Debt Level: EDUSPEC has more cash than its total debt.
Reducing Debt: EDUSPEC's debt to equity ratio has reduced from 47.5% to 3.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EDUSPEC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EDUSPEC has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 17.6% each year.