ELK-Desa Resources Berhad Balance Sheet Health
Financial Health criteria checks 2/6
ELK-Desa Resources Berhad has a total shareholder equity of MYR473.7M and total debt of MYR264.1M, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are MYR759.1M and MYR285.4M respectively.
Key information
55.8%
Debt to equity ratio
RM264.09m
Debt
| Interest coverage ratio | n/a |
| Cash | RM16.08m |
| Equity | RM473.71m |
| Total liabilities | RM285.42m |
| Total assets | RM759.13m |
Recent financial health updates
No updates
Recent updates
ELK-Desa Resources Berhad (KLSE:ELKDESA) Has Announced A Dividend Of MYR0.035
May 24
ELK-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 (MYR708.6M) exceed its short term liabilities (MYR99.8M).
Long Term Liabilities: ELKDESA's short term assets (MYR708.6M) exceed its long term liabilities (MYR185.6M).
Debt to Equity History and Analysis
Debt Level: ELKDESA's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: ELKDESA's debt to equity ratio has increased from 25.1% to 55.8% 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.