Reach Energy Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Reach Energy Berhad has a total shareholder equity of MYR70.8M and total debt of MYR697.9M, which brings its debt-to-equity ratio to 985.4%. Its total assets and total liabilities are MYR922.0M and MYR851.2M respectively.
Key information
985.4%
Debt to equity ratio
RM 697.91m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 3.87m |
| Equity | RM 70.82m |
| Total liabilities | RM 851.19m |
| Total assets | RM 922.01m |
Recent financial health updates
Is Reach Energy Berhad (KLSE:REACH) Weighed On By Its Debt Load?
Jul 28
Is Reach Energy Berhad (KLSE:REACH) Using Too Much Debt?
Mar 17Does 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 21Recent updates
Investors Give Reach Energy Berhad (KLSE:REACH) Shares A 33% Hiding
Sep 09Is Reach Energy Berhad (KLSE:REACH) Weighed On By Its Debt Load?
Jul 28Investors Continue Waiting On Sidelines For Reach Energy Berhad (KLSE:REACH)
May 13Is 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 (MYR46.5M) do not cover its short term liabilities (MYR563.9M).
Long Term Liabilities: REACH's short term assets (MYR46.5M) do not cover its long term liabilities (MYR287.3M).
Debt to Equity History and Analysis
Debt Level: REACH's net debt to equity ratio (980%) is considered high.
Reducing Debt: REACH's debt to equity ratio has increased from 76.7% to 985.4% 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, even with free cash flow being positive and shrinking by 12.5% per year.