Dayang Enterprise Holdings Bhd Balance Sheet Health
Financial Health criteria checks 6/6
Dayang Enterprise Holdings Bhd has a total shareholder equity of MYR1.9B and total debt of MYR238.3M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are MYR2.5B and MYR632.2M respectively. Dayang Enterprise Holdings Bhd's EBIT is MYR330.8M making its interest coverage ratio 17.8. It has cash and short-term investments of MYR505.9M.
Key information
12.6%
Debt to equity ratio
RM238.26m
Debt
| Interest coverage ratio | 17.8x |
| Cash | RM505.87m |
| Equity | RM1.89b |
| Total liabilities | RM632.23m |
| Total assets | RM2.52b |
Recent financial health updates
Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Rock Solid Balance Sheet
Aug 29
Dayang 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 04Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Seems To Use Debt Quite Sensibly
May 25Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Pretty Healthy Balance Sheet
Feb 15Recent updates
Are 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 19Calculating The Fair Value Of Dayang Enterprise Holdings Bhd (KLSE:DAYANG)
Dec 06The Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Share Price Has Gained 61% And Shareholders Are Hoping For More
Nov 23Financial Position Analysis
Short Term Liabilities: DAYANG's short term assets (MYR1.0B) exceed its short term liabilities (MYR435.4M).
Long Term Liabilities: DAYANG's short term assets (MYR1.0B) exceed its long term liabilities (MYR196.8M).
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 74.2% to 12.6% over the past 5 years.
Debt Coverage: DAYANG's debt is well covered by operating cash flow (144.9%).
Interest Coverage: DAYANG's interest payments on its debt are well covered by EBIT (17.8x coverage).