Dayang Enterprise Holdings Bhd Balance Sheet Health
Financial Health criteria checks 6/6
Dayang Enterprise Holdings Bhd has a total shareholder equity of MYR2.1B and total debt of MYR190.2M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are MYR2.7B and MYR614.0M respectively. Dayang Enterprise Holdings Bhd's EBIT is MYR469.8M making its interest coverage ratio 58.4. It has cash and short-term investments of MYR490.1M.
Key information
9.3%
Debt to equity ratio
RM 190.18m
Debt
| Interest coverage ratio | 58.4x |
| Cash | RM 490.09m |
| Equity | RM 2.05b |
| Total liabilities | RM 613.97m |
| Total assets | RM 2.67b |
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
Is 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 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 (MYR1.2B) exceed its short term liabilities (MYR474.3M).
Long Term Liabilities: DAYANG's short term assets (MYR1.2B) exceed its long term liabilities (MYR139.7M).
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 59.7% to 9.3% over the past 5 years.
Debt Coverage: DAYANG's debt is well covered by operating cash flow (171%).
Interest Coverage: DAYANG's interest payments on its debt are well covered by EBIT (58.4x coverage).