E.A. Technique (M) Berhad Balance Sheet Health
Financial Health criteria checks 4/6
E.A. Technique (M) Berhad has a total shareholder equity of MYR266.4M and total debt of MYR97.4M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are MYR457.6M and MYR191.2M respectively. E.A. Technique (M) Berhad's EBIT is MYR198.2M making its interest coverage ratio 34. It has cash and short-term investments of MYR24.1M.
Key information
36.6%
Debt to equity ratio
RM 97.39m
Debt
| Interest coverage ratio | 34x |
| Cash | RM 24.08m |
| Equity | RM 266.44m |
| Total liabilities | RM 191.16m |
| Total assets | RM 457.60m |
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 (MYR72.7M) exceed its short term liabilities (MYR63.7M).
Long Term Liabilities: EATECH's short term assets (MYR72.7M) do not cover its long term liabilities (MYR127.4M).
Debt to Equity History and Analysis
Debt Level: EATECH's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: EATECH's debt to equity ratio has reduced from 133.9% to 36.6% 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 (34x coverage).