Straits Energy Resources Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Straits Energy Resources Berhad has a total shareholder equity of MYR195.6M and total debt of MYR267.5M, which brings its debt-to-equity ratio to 136.8%. Its total assets and total liabilities are MYR614.4M and MYR418.8M respectively. Straits Energy Resources Berhad's EBIT is MYR18.5M making its interest coverage ratio 1.5. It has cash and short-term investments of MYR36.6M.
Key information
136.8%
Debt to equity ratio
RM 267.53m
Debt
| Interest coverage ratio | 1.5x |
| Cash | RM 36.62m |
| Equity | RM 195.61m |
| Total liabilities | RM 418.77m |
| Total assets | RM 614.38m |
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 (MYR331.0M) do not cover its short term liabilities (MYR405.8M).
Long Term Liabilities: STRAITS's short term assets (MYR331.0M) exceed its long term liabilities (MYR13.0M).
Debt to Equity History and Analysis
Debt Level: STRAITS's net debt to equity ratio (118%) is considered high.
Reducing Debt: STRAITS's debt to equity ratio has increased from 32.2% to 136.8% 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 (1.5x coverage).