Avangaad Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Avangaad Berhad has a total shareholder equity of MYR291.9M and total debt of MYR89.0M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are MYR474.8M and MYR182.8M respectively. Avangaad Berhad's EBIT is MYR215.1M making its interest coverage ratio 44.6. It has cash and short-term investments of MYR20.0M.
Key information
30.5%
Debt to equity ratio
RM 88.96m
Debt
| Interest coverage ratio | 44.6x |
| Cash | RM 19.96m |
| Equity | RM 291.95m |
| Total liabilities | RM 182.83m |
| Total assets | RM 474.77m |
Recent financial health updates
E.A. Technique (M) Berhad (KLSE:EATECH) Takes On Some Risk With Its Use Of Debt
Dec 27
E.A. Technique (M) Berhad (KLSE:EATECH) Has No Shortage Of Debt
Aug 21We Think E.A. Technique (M) Berhad (KLSE:EATECH) Is Taking Some Risk With Its Debt
Apr 17We Think E.A. Technique (M) Berhad (KLSE:EATECH) Is Taking Some Risk With Its Debt
Dec 30Is E.A. Technique (M) Berhad (KLSE:EATECH) Using Debt Sensibly?
Sep 07Is E.A. Technique (M) Berhad (KLSE:EATECH) Using Too Much Debt?
Sep 21Recent updates
E.A. Technique (M) Berhad (KLSE:EATECH) Shareholders Should Be Cautious Despite Solid Earnings
Nov 21Returns On Capital At E.A. Technique (M) Berhad (KLSE:EATECH) Have Stalled
Jul 02Improved Earnings Required Before E.A. Technique (M) Berhad (KLSE:EATECH) Stock's 27% Jump Looks Justified
Apr 05Optimistic Investors Push E.A. Technique (M) Berhad (KLSE:EATECH) Shares Up 29% But Growth Is Lacking
Jan 04E.A. Technique (M) Berhad (KLSE:EATECH) Takes On Some Risk With Its Use Of Debt
Dec 27Investors Met With Slowing Returns on Capital At E.A. Technique (M) Berhad (KLSE:EATECH)
Oct 24E.A. Technique (M) Berhad (KLSE:EATECH) Has No Shortage Of Debt
Aug 21E.A. Technique (M) Berhad (KLSE:EATECH) Is Experiencing Growth In Returns On Capital
Jul 25We Think E.A. Technique (M) Berhad (KLSE:EATECH) Is Taking Some Risk With Its Debt
Apr 17Returns Are Gaining Momentum At E.A. Technique (M) Berhad (KLSE:EATECH)
Mar 01We Think E.A. Technique (M) Berhad (KLSE:EATECH) Is Taking Some Risk With Its Debt
Dec 30Is E.A. Technique (M) Berhad (KLSE:EATECH) Using Debt Sensibly?
Sep 07Returns At E.A. Technique (M) Berhad (KLSE:EATECH) Are On The Way Up
Feb 28Is E.A. Technique (M) Berhad (KLSE:EATECH) Using Too Much Debt?
Sep 21E.A. Technique (M) Berhad (KLSE:EATECH) Has Debt But No Earnings; Should You Worry?
Jun 03E.A. Technique (M) Berhad (KLSE:EATECH) Has Debt But No Earnings; Should You Worry?
Feb 18Financial Position Analysis
Short Term Liabilities: EATECH's short term assets (MYR77.3M) exceed its short term liabilities (MYR54.0M).
Long Term Liabilities: EATECH's short term assets (MYR77.3M) do not cover its long term liabilities (MYR128.8M).
Debt to Equity History and Analysis
Debt Level: EATECH's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: EATECH's debt to equity ratio has reduced from 134.3% to 30.5% over the past 5 years.
Debt Coverage: EATECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EATECH's interest payments on its debt are well covered by EBIT (44.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 03:43 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Avangaad Berhad is covered by 3 analysts. 0 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 null | Public Investment Bank Berhad |
| Ahmad Usman | RHB Investment Bank |
| Sze Zan Chan | TA Securities Holdings Berhad |