Dayang Enterprise Holdings Bhd Balance Sheet Health
Financial Health criteria checks 6/6
Dayang Enterprise Holdings Bhd has a total shareholder equity of MYR2.0B and total debt of MYR153.1M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are MYR2.7B and MYR649.6M respectively. Dayang Enterprise Holdings Bhd's EBIT is MYR515.2M making its interest coverage ratio 164. It has cash and short-term investments of MYR596.3M.
Key information
7.5%
Debt to equity ratio
RM 153.12m
Debt
| Interest coverage ratio | 164x |
| Cash | RM 596.29m |
| Equity | RM 2.05b |
| Total liabilities | RM 649.55m |
| Total assets | RM 2.70b |
Recent financial health updates
Is Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Using Too Much Debt?
Oct 30
Is Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Using Too Much Debt?
Jul 03Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Rock Solid Balance Sheet
Aug 29Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Could Easily Take On More Debt
May 29Is Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Using Too Much Debt?
Jan 12These 4 Measures Indicate That Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Is Using Debt Reasonably Well
Feb 04Recent updates
Investors Shouldn't Be Too Comfortable With Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Earnings
Nov 28Is Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Using Too Much Debt?
Oct 30Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Shares Lagging The Market But So Is The Business
Oct 15Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Shares Could Be 36% Below Their Intrinsic Value Estimate
Sep 06Capital Investments At Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Point To A Promising Future
Aug 23Is Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Using Too Much Debt?
Jul 03Does Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Deserve A Spot On Your Watchlist?
Jun 14There Are Reasons To Feel Uneasy About Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Returns On Capital
May 21Are Investors Undervaluing Dayang Enterprise Holdings Bhd (KLSE:DAYANG) By 22%?
Jan 31Market Participants Recognise Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Revenues Pushing Shares 28% Higher
Jan 31Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Rock Solid Balance Sheet
Aug 29Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Could Easily Take On More Debt
May 29Is Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Using Too Much Debt?
Jan 12Returns On Capital At Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Paint A Concerning Picture
Aug 26These 4 Measures Indicate That Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Is Using Debt Reasonably Well
Feb 04Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Seems To Use Debt Quite Sensibly
May 25Did You Miss Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) 81% Share Price Gain?
Mar 04Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Pretty Healthy Balance Sheet
Feb 15Here’s What’s Happening With Returns At Dayang Enterprise Holdings Bhd (KLSE:DAYANG)
Feb 02Are Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 18
What Type Of Shareholders Make Up Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Share Registry?
Jan 03Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 19Financial Position Analysis
Short Term Liabilities: DAYANG's short term assets (MYR1.3B) exceed its short term liabilities (MYR537.4M).
Long Term Liabilities: DAYANG's short term assets (MYR1.3B) exceed its long term liabilities (MYR112.2M).
Debt to Equity History and Analysis
Debt Level: DAYANG has more cash than its total debt.
Reducing Debt: DAYANG's debt to equity ratio has reduced from 64.2% to 7.5% over the past 5 years.
Debt Coverage: DAYANG's debt is well covered by operating cash flow (310.9%).
Interest Coverage: DAYANG's interest payments on its debt are well covered by EBIT (164x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 20:20 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Dayang Enterprise Holdings Bhd is covered by 15 analysts. 7 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 |
|---|---|
| null Research Department | AmInvestment Bank Berhad |
| null null | BIMB Securities Sdn. Bhd |
| Azim Bin Ab Rahim | BIMB Securities Sdn. Bhd |