E.A. Technique (M) Berhad Balance Sheet Health
Financial Health criteria checks 1/6
E.A. Technique (M) Berhad has a total shareholder equity of MYR57.5M and total debt of MYR335.3M, which brings its debt-to-equity ratio to 583.6%. Its total assets and total liabilities are MYR484.6M and MYR427.2M respectively. E.A. Technique (M) Berhad's EBIT is MYR38.0M making its interest coverage ratio 4.7. It has cash and short-term investments of MYR53.3M.
Key information
583.6%
Debt to equity ratio
RM335.28m
Debt
| Interest coverage ratio | 4.7x |
| Cash | RM53.29m |
| Equity | RM57.45m |
| Total liabilities | RM427.20m |
| Total assets | RM484.65m |
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
Improved 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 (MYR88.7M) do not cover its short term liabilities (MYR327.7M).
Long Term Liabilities: EATECH's short term assets (MYR88.7M) do not cover its long term liabilities (MYR99.5M).
Debt to Equity History and Analysis
Debt Level: EATECH's net debt to equity ratio (490.8%) is considered high.
Reducing Debt: EATECH's debt to equity ratio has increased from 176.4% to 583.6% over the past 5 years.
Debt Coverage: EATECH's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: EATECH's interest payments on its debt are well covered by EBIT (4.7x coverage).