ELK-Desa Resources Berhad Balance Sheet Health
Financial Health criteria checks 2/6
ELK-Desa Resources Berhad has a total shareholder equity of MYR486.2M and total debt of MYR312.1M, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are MYR821.6M and MYR335.4M respectively.
Key information
64.2%
Debt to equity ratio
RM 312.07m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 13.34m |
| Equity | RM 486.17m |
| Total liabilities | RM 335.45m |
| Total assets | RM 821.62m |
Recent financial health updates
No updates
Recent updates
ELK-Desa Resources Berhad (KLSE:ELKDESA) Will Pay A Dividend Of MYR0.03
May 26
ELK-Desa Resources Berhad (KLSE:ELKDESA) Has Announced A Dividend Of MYR0.035
May 24ELK-Desa Resources Berhad (KLSE:ELKDESA) Is Paying Out A Larger Dividend Than Last Year
Nov 20ELK-Desa Resources Berhad (KLSE:ELKDESA) Is Paying Out Less In Dividends Than Last Year
May 23Are Dividend Investors Getting More Than They Bargained For With ELK-Desa Resources Berhad's (KLSE:ELKDESA) Dividend?
Apr 06What Type Of Shareholders Make Up ELK-Desa Resources Berhad's (KLSE:ELKDESA) Share Registry?
Mar 02Introducing ELK-Desa Resources Berhad (KLSE:ELKDESA), A Stock That Climbed 20% In The Last Three Years
Jan 31
Are Dividend Investors Making A Mistake With ELK-Desa Resources Berhad (KLSE:ELKDESA)?
Dec 26Here's Why We're Wary Of Buying ELK-Desa Resources Berhad's (KLSE:ELKDESA) For Its Upcoming Dividend
Nov 29What Is The Ownership Structure Like For ELK-Desa Resources Berhad (KLSE:ELKDESA)?
Nov 28Financial Position Analysis
Short Term Liabilities: ELKDESA's short term assets (MYR773.2M) exceed its short term liabilities (MYR136.6M).
Long Term Liabilities: ELKDESA's short term assets (MYR773.2M) exceed its long term liabilities (MYR198.8M).
Debt to Equity History and Analysis
Debt Level: ELKDESA's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: ELKDESA's debt to equity ratio has increased from 60% to 64.2% over the past 5 years.
Debt Coverage: ELKDESA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ELKDESA's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 18:39 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ELK-Desa Resources Berhad is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ei Tan | Affin Hwang Investment Bank |
| Ei Tan | Daiwa Securities Co. Ltd. |
| Nabil Thoo | RHB Investment Bank |