Reach Energy Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Reach Energy Berhad has a total shareholder equity of MYR75.9M and total debt of MYR640.1M, which brings its debt-to-equity ratio to 843.2%. Its total assets and total liabilities are MYR891.6M and MYR815.7M respectively.
Key information
843.2%
Debt to equity ratio
RM640.15m
Debt
| Interest coverage ratio | n/a |
| Cash | RM3.35m |
| Equity | RM75.92m |
| Total liabilities | RM815.69m |
| Total assets | RM891.62m |
Recent financial health updates
Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?
Mar 17
Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?
Nov 02Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?
Aug 03Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?
Mar 21Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?
Aug 19Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?
May 06Recent updates
Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?
Mar 17Cautious Investors Not Rewarding Reach Energy Berhad's (KLSE:REACH) Performance Completely
Jan 23Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?
Nov 02A Piece Of The Puzzle Missing From Reach Energy Berhad's (KLSE:REACH) 33% Share Price Climb
Aug 25Does Reach Energy Berhad (KLSE:REACH) Have A Healthy Balance Sheet?
Aug 03Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?
Mar 21Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?
Aug 19Is Reach Energy Berhad (KLSE:REACH) A Risky Investment?
May 06Reach Energy Berhad (KLSE:REACH) Has Debt But No Earnings; Should You Worry?
Jan 06Is Reach Energy Berhad (KLSE:REACH) Using Debt In A Risky Way?
Aug 27Financial Position Analysis
Short Term Liabilities: REACH's short term assets (MYR34.9M) do not cover its short term liabilities (MYR167.2M).
Long Term Liabilities: REACH's short term assets (MYR34.9M) do not cover its long term liabilities (MYR648.5M).
Debt to Equity History and Analysis
Debt Level: REACH's net debt to equity ratio (838.7%) is considered high.
Reducing Debt: REACH's debt to equity ratio has increased from 70.3% to 843.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable REACH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: REACH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.4% per year.