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Reach Energy Berhad Balance Sheet Health
Financial Health criteria checks 0/6
Reach Energy Berhad has a total shareholder equity of MYR58.0M and total debt of MYR665.9M, which brings its debt-to-equity ratio to 1148.5%. Its total assets and total liabilities are MYR861.3M and MYR803.3M respectively. Reach Energy Berhad's EBIT is MYR29.4M making its interest coverage ratio 0.6. It has cash and short-term investments of MYR3.5M.
Key information
1,148.50%
Debt to equity ratio
RM 665.91m
Debt
| Interest coverage ratio | 0.6x |
| Cash | RM 3.51m |
| Equity | RM 57.98m |
| Total liabilities | RM 803.32m |
| Total assets | RM 861.30m |
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 (MYR26.7M) do not cover its short term liabilities (MYR120.9M).
Long Term Liabilities: REACH's short term assets (MYR26.7M) do not cover its long term liabilities (MYR682.5M).
Debt to Equity History and Analysis
Debt Level: REACH's net debt to equity ratio (1142.4%) is considered high.
Reducing Debt: REACH's debt to equity ratio has increased from 92.7% to 1148.5% 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: REACH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REACH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.7% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/29 20:10 |
| End of Day Share Price | 2025/04/21 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Reach Energy Berhad is covered by 2 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 |
|---|---|
| Ping Goh | Hong Leong Investment Bank Berhad |
| Sin Lim | Hong Leong Investment Bank Berhad |