Straits Energy Resources Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Straits Energy Resources Berhad has a total shareholder equity of MYR196.3M and total debt of MYR344.3M, which brings its debt-to-equity ratio to 175.4%. Its total assets and total liabilities are MYR643.8M and MYR447.5M respectively. Straits Energy Resources Berhad's EBIT is MYR18.4M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR36.7M.
Key information
175.4%
Debt to equity ratio
RM 344.25m
Debt
| Interest coverage ratio | 1.2x |
| Cash | RM 36.65m |
| Equity | RM 196.30m |
| Total liabilities | RM 447.48m |
| Total assets | RM 643.78m |
Recent financial health updates
Here's Why Straits Energy Resources Berhad (KLSE:STRAITS) Is Weighed Down By Its Debt Load
Sep 25
Straits Energy Resources Berhad (KLSE:STRAITS) Has A Somewhat Strained Balance Sheet
Mar 24Does Straits Energy Resources Berhad (KLSE:STRAITS) Have A Healthy Balance Sheet?
Nov 29Is Straits Energy Resources Berhad (KLSE:STRAITS) Using Too Much Debt?
Jun 15These 4 Measures Indicate That Straits Energy Resources Berhad (KLSE:STRAITS) Is Using Debt Extensively
Sep 08Is Straits Inter Logistics Berhad (KLSE:STRAITS) A Risky Investment?
May 19Recent updates
Should You Be Adding Straits Energy Resources Berhad (KLSE:STRAITS) To Your Watchlist Today?
Aug 08Earnings Not Telling The Story For Straits Energy Resources Berhad (KLSE:STRAITS)
Jan 23Here's Why Straits Energy Resources Berhad (KLSE:STRAITS) Is Weighed Down By Its Debt Load
Sep 25Straits Energy Resources Berhad (KLSE:STRAITS) Has A Somewhat Strained Balance Sheet
Mar 24Does Straits Energy Resources Berhad (KLSE:STRAITS) Have A Healthy Balance Sheet?
Nov 29Is Straits Energy Resources Berhad (KLSE:STRAITS) Using Too Much Debt?
Jun 15These 4 Measures Indicate That Straits Energy Resources Berhad (KLSE:STRAITS) Is Using Debt Extensively
Sep 08Returns Are Gaining Momentum At Straits Inter Logistics Berhad (KLSE:STRAITS)
Jul 06Is Straits Inter Logistics Berhad (KLSE:STRAITS) A Risky Investment?
May 19Can Straits Inter Logistics Berhad (KLSE:STRAITS) Continue To Grow Its Returns On Capital?
Mar 16Straits Inter Logistics Berhad (KLSE:STRAITS) Use Of Debt Could Be Considered Risky
Feb 18
Straits Inter Logistics Berhad's (KLSE:STRAITS) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 24Does Straits Inter Logistics Berhad's (KLSE:STRAITS) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 07Here's Why Straits Inter Logistics Berhad (KLSE:STRAITS) Has A Meaningful Debt Burden
Nov 19Financial Position Analysis
Short Term Liabilities: STRAITS's short term assets (MYR362.0M) do not cover its short term liabilities (MYR437.0M).
Long Term Liabilities: STRAITS's short term assets (MYR362.0M) exceed its long term liabilities (MYR10.5M).
Debt to Equity History and Analysis
Debt Level: STRAITS's net debt to equity ratio (156.7%) is considered high.
Reducing Debt: STRAITS's debt to equity ratio has increased from 31% to 175.4% over the past 5 years.
Debt Coverage: STRAITS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STRAITS's interest payments on its debt are not well covered by EBIT (1.2x coverage).