Reservoir Link Energy Bhd Balance Sheet Health
Financial Health criteria checks 3/6
Reservoir Link Energy Bhd has a total shareholder equity of MYR95.5M and total debt of MYR68.1M, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are MYR222.9M and MYR127.4M respectively. Reservoir Link Energy Bhd's EBIT is MYR7.1M making its interest coverage ratio 4.4. It has cash and short-term investments of MYR18.7M.
Key information
71.3%
Debt to equity ratio
RM68.14m
Debt
Interest coverage ratio | 4.4x |
Cash | RM18.67m |
Equity | RM95.54m |
Total liabilities | RM127.36m |
Total assets | RM222.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RL's short term assets (MYR138.3M) exceed its short term liabilities (MYR117.9M).
Long Term Liabilities: RL's short term assets (MYR138.3M) exceed its long term liabilities (MYR9.5M).
Debt to Equity History and Analysis
Debt Level: RL's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: RL's debt to equity ratio has increased from 28.4% to 71.3% over the past 5 years.
Debt Coverage: RL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RL's interest payments on its debt are well covered by EBIT (4.4x coverage).